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The market value of USDT reaches US$149 billion and continues to hit a new high, surpassing Qualcomm and Schwab."

According to online reports, Paolo Ardoino, CEO of stablecoin issuer Tether, released data on platform X showing that the market value of USDT reached US$149 billion, continuing to hit a record high, surpassing technology giant Qualcomm and financial giant Schwab Financial to rise to 119th in the global market value ranking. It is worth mentioning that the market value of USDT hit US$146 billion on April 24 and US$147 billion on April 25, which means that it has grown by more than US$3 billion in about a week.

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