Tether’s USDT supply reached 175 billion tokens, according to CoinGecko data. The milestone marks continued growth for the flagship stablecoin from Tether, a stablecoin issuer positioning itself as “The Stable Company.”

Tether has been advancing USDT as a tool for financial inclusion in developing regions by creating extensive physical and digital distribution networks for remittances and daily transactions. Competitors are adopting USDT’s technology and strategies as a template, indicating its influence on the broader stablecoin ecosystem.

The company is expanding beyond stablecoins with initiatives like the Wallet Development Kit, enabling non-custodial mobile wallets that support Bitcoin and decentralized finance ecosystems.