Tether concluded September 2025 with a new record, issuing 9 billion USDT stablecoins in a single month. This is the highest monthly issuance in the company’s history, reflecting the growing demand for USDT despite volatility in the cryptocurrency market.
This is reported by Business • Media
Record USDT Volumes and Growth of Reserves on Exchanges
According to experts, the market capitalization of USDT has exceeded $173.5 billion, confirming stable investor confidence in this stablecoin. Throughout September, USDT reserves (ERC-20) on cryptocurrency exchanges increased from 43 billion to 48 billion USDT, reaching a new historical high. This trend indicates active liquidity accumulation by traders for potential acquisitions during future price fluctuations.
In addition to the growth in reserves, the net inflow of USDT on exchanges also reached a peak not seen since April. This indicates a heightened interest in the stablecoin from large investors preparing to utilize the accumulated liquidity during periods of increased volatility.
Market Expectations and Analyst Opinions
Amid market corrections, the demand for USDT remains high, as confirmed by analysts. They believe that Tether’s current activity may indicate that major players are preparing for new operations in the market.
“Prices are falling, but Tether is printing new USDT. In the last few days to weeks, the number of new issuances has sharply increased,” noted an analyst under the pseudonym Maartunn.
Additionally, investor BitBull emphasized that 8 billion USDT had been issued this month alone, with a few days left until the end of September. In his opinion, large players are preparing significant liquidity to purchase assets amid the market downturn, anticipating further growth.
Historical analysis shows that mass issuance of USDT has often preceded significant Bitcoin rallies — a similar trend was observed in early 2023 and late 2024. According to CoinGlass data, October is traditionally considered the strongest month for Bitcoin, with an average gain of 21.9%, while the fourth quarter typically brings gains of up to 85.4%.
Currently, the main intrigue lies in when exactly investors will activate the use of the accumulated liquidity, as the market is in a phase of accumulation and preparation for potential changes.