USDT market capitalization surpasses $150 billion for the first time in history, accounting for 61% of all stablecoins

The market capitalization of USDT, issued by Tether, the world's largest stablecoin, has exceeded $150 billion for the first time in history.
USDT has reportedly surpassed $15 million in market capitalization and accounts for 61% of the entire stablecoin market in terms of circulating supply.
According to cryptocurrency data platform CoinMarketCap, the circulation of USDT has increased by more than 36% over the past year, especially since Donald Trump’s purchase of the cryptocurrency in November last year.
Growth accelerated after former President Rump's reelection. Currently, USDT holds a 61% share of the global stablecoin market, followed by Circle.
USDC accounts for about 25% of Tether. Tether is the world's largest stablecoin by volume and serves as a core means of liquidity and trading capital in the cryptocurrency market.
The market sees Tether demand as a "barometer" for cryptocurrency demand in general. Amid a global trend of moving to digital fiat currencies, USDT usage has increased significantly.
According to a recent analysis by Dune and Artemis, the number of active stablecoin wallets has grown by more than 50% in the past year, from approximately 19.6 million to 30 million.