Tether’s USDT remains the dominant stablecoin in the market as of February 11, 2025, with a market capitalization exceeding $141 billion and representing over 61% of the total stablecoin supply.

Quotes that support claims

USDt is already the world’s most widely used stablecoin, with a total market capitalization of more than $141 billion, according to CoinMarketCap. Circle’s USD Coin is a distant second with $59 billion in total value

USDT is currently the world’s largest stablecoin with a market cap of $141 billion according to CoinGecko.