Tether's USDT stablecoin has achieved a significant milestone by crossing an all-time high market capitalization of $100 billion. This development marks a 9% growth year-to-date (YTD) and positions Tether as the leading stablecoin, outpacing its closest competitor, USD Coin (USDC), by over $71 billion. The achievement is attributed to a surge in the crypto trading frenzy, with Bitcoin nearing record highs. Tether's market cap briefly topped $100 billion for the first time, reflecting new liquidity entering the crypto market. Additionally, 1,000,000,000 USDT was recently minted at Tether Treasury, contributing to the milestone. Tether now ranks among the top 50 globally when measured against other sovereign fiat currencies.