**[Tether Releases Q4 Report: USDT Data Hits Multiple New Highs in Q4 2025]** BlockBeats News, February 5th – According to Tether's Q4 report, USDT achieved multiple new highs in the fourth quarter of 2025: - Market capitalization reached $187.3 billion - Eighth consecutive quarter with over 30 million user growth - Largest single-quarter increase in the number of wallets holding USDT on-chain - Monthly active on-chain users reached an all-time high - On-chain transaction count and value both hit record highs USDT's market capitalization grew by $12.4 billion in Q4 2025, reaching $187.3 billion. October saw a month-on-month increase of 4.9%, followed by a slowdown in growth due to the clearing storm on October 10th. Tether's total reserves increased by $11.7 billion in Q4, reaching $192.9 billion, with a net asset surplus (assets exceeding liabilities) of $6.3 billion. Total reserves include 96,184 Bitcoins (an increase of 9,850 in Q4) and 127.5 metric tons of gold (an increase of 21.9 metric tons in Q4). In Q4 2025, the estimated total number of USDT users grew by 35.2 million, reaching 534.5 million, marking the eighth consecutive quarter of user growth exceeding 30 million.