USDT Reigns Supreme as the Stablecoin King in 2025 Amid Crypto Market Turbulence
In 2025, Tether (USDT) has firmly established itself as the dominant stablecoin, with daily trading volumes exceeding $50 billion, often surpassing even Bitcoin. Its dollar peg offers a safe haven for traders seeking refuge from market volatility, while its widespread adoption across major exchanges like Binance, Coinbase, and Kraken underscores its critical role as the liquidity backbone of the cryptocurrency markets. The stability of USDT stands in stark contrast to the wild price swings seen in other digital assets, further solidifying its position as the go-to stablecoin for investors and traders alike.
Tether (USDT) Dominates Stablecoin Market in 2025 Amid Crypto Volatility
Tether (USDT) has solidified its position as the leading stablecoin in 2025, with daily trading volumes surpassing $50 billion—often eclipsing even Bitcoin. Its dollar peg provides a haven for traders fleeing volatility, while its ubiquity across exchanges like Binance, Coinbase, and Kraken cements its role as the liquidity backbone of crypto markets.
The stability of USDT contrasts sharply with the price swings of assets like Bitcoin and Ethereum, making it a preferred vehicle for DeFi transactions and global settlements. As inflation concerns persist worldwide, demand for dollar-pegged assets has turned Tether into a de facto reserve currency for the digital economy.
Crypto Founder Arrested for $530 Million Sanctions-Busting Scheme
Iurii Gugnin, founder of Evita Pay, faces serious charges after allegedly funneling over $530 million through cryptocurrency to circumvent U.S. sanctions on Russian banks. The Department of Justice has charged him with wire fraud, bank fraud, money laundering, and operating an unlicensed money transmission business. If convicted, Gugnin could face a lifetime prison sentence.
Investigators uncovered evidence suggesting Gugnin's awareness of his illicit activities, including suspicious web searches related to criminal investigations. His company reportedly facilitated Tether transactions for sanctioned Russian entities like Sberbank and VTB between June 2023 and January 2025, enabling access to sensitive American technologies.
Tether's USDT Gains Traction in Bolivia as Economic Crisis Deepens
Bolivia's economic turmoil is driving unconventional adoption of cryptocurrency. Tether's USDT stablecoin has emerged as an informal pricing benchmark in local commerce, with duty-free shops displaying goods priced in the dollar-pegged digital asset.
Paolo Ardoino, Tether's CEO, showcased retail products from sunglasses to confectionery tagged in USDT at a Bolivian airport store. The establishment uses Binance-derived exchange rates published daily by Bolivia's central bank, accepting payments in either bolivianos or USD while using USDT as a stability anchor.
This grassroots adoption highlights how dollarized cryptocurrencies are filling the void left by volatile national currencies in emerging markets. While the scale remains unclear, USDT's penetration into travel retail suggests growing utility beyond speculative trading.
