Tether, the issuer of the USDT stablecoin, authorized the release of an additional 1 billion tokens on the Ethereum blockchain on July 3, 2025. The last similar action was taken on June 18, highlighting the company’s active issuance policy amid growing demand for stablecoins.
This is reported by Business • Media
Authorization Details and Management Comments
Tether’s CEO Paolo Ardoino announced on social media platform X (formerly Twitter) that these 1 billion USDT are currently only authorized, meaning they have not yet been put into circulation. According to the CEO, such reserves may be used for future token issuance or for conducting swaps between different blockchains.
“The specified volume of stablecoins on the Ethereum network is currently authorized but not yet issued. He stated that these tokens may be utilized for future issuance or swaps between blockchains.”
Current Market Capitalization and USDT’s Position
At the time of publication, the market capitalization of USDT reached approximately $158 billion, as confirmed by the weekly growth chart published on TradingView. The dominance of this stablecoin in the market stands at 62.37%, according to data from DeFiLlama. This indicates strong positions for USDT among all stablecoins and high investor confidence in Tether’s product.
Previously, Tether’s CEO Paolo Ardoino had stated the company’s ambitious plans, including intentions to become the largest Bitcoin miner in the world by the end of 2025.
