Despite the deep correction in the cryptocurrency sector, the USDT stablecoin demonstrated exceptional resilience and user base expansion. According to Tether's latest quarterly report, the number of asset holders exceeded 534 million, an increase of 35 million in just three months. The coin's market capitalization reached a new all-time high of $187.3 billion amidst a general decline in market prices.

The phenomenal growth of USDT in the fourth quarter of 2025 marked the eighth consecutive period in which audience growth exceeded 30 million users. To date, wallets holding this stablecoin account for more than 70% of all existing addresses in the stablecoin segment, and average monthly activity on the blockchain reached a record 24.8 million people. Tether experts emphasize that approximately 100 million users prefer to store assets on centralized platforms, using them as a reliable tool for savings and everyday transactions outside the volatile crypto market.

The sharp contrast in the dynamics of the stablecoin and the rest of the market became especially noticeable after October 10, 2025, when the industry experienced the largest liquidation of positions in history, amounting to $20 billion. While Bitcoin plummeted from its peak of $126,000 to below $70,000, and the total capitalization of crypto assets decreased by almost a third, USDT gained 3.5%. In comparison, its closest competitors – USDC and USDe – showed declines of 2.6% and a catastrophic 57%, respectively, solidifying Tether's token as the main "safe haven" for investors.

The company's financial cushion also significantly strengthened: total reserves increased to $192.9 billion. As of the beginning of February 2026, Tether's portfolio includes over $141 billion in US Treasury bonds, 127.5 tons of physical gold, and an impressive reserve of 96,184 BTC. Notably, the stablecoin's performance this year has become more similar to that of precious metals and US stock indices, which are setting new records, while other digital currencies continue to search for a "bottom" amidst a prolonged bear market.