Tether’s USDT has surged to a market capitalization of $172.279 billion, according to DefiLlama data, further cementing its position as the world’s largest stablecoin.
The milestone comes as Japanese carmakers Toyota and Yamaha, alongside China’s BYD, began accepting USDT payments in Bolivia.
USDT Adoption Accelerates in BoliviaTether CEO Paolo Ardoino highlighted the development, framing it as a turning point for mainstream stablecoin adoption.
Toyota, BYD, Yamaha accepting USDT in Bolivia
"Tu vehiculo en dolares digital"
USDT is the digital dollar for hundreds of millions in the emerging markets.
Ubiquity. pic.twitter.com/0X0SH3USXX