USDT Market Cap Reaches $149 Billion, Surpassing Qualcomm and Charles Schwab

Stablecoin issuer Tether CEO Paolo Ardoino posted data on the X platform showing that USDT's market value reached $149 billion, setting a new historical high, surpassing tech giant Qualcomm and financial giant Charles Schwab to rise to 119th place in global market value rankings. Notably, USDT's market value reached $146 billion on April 24 and $147 billion on April 25, indicating an increase of over $3 billion in about a week.