Tether surpasses Ethereum in market cap, reaching $186B
Tether's USDT stablecoin surpassed Ethereum in market cap at $186 billion, marking a historic first as investors increasingly favor liquidity over
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Tether surpasses Ethereum in market cap, reaching $186B The world's largest stablecoin has overtaken the second-biggest blockchain by market capitalization, a first in crypto history Share Add us on Google by Editorial Team Jun. 25, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); A stablecoin just passed Ethereum in market cap. Read that sentence again, because it would have sounded absolutely unhinged three years ago.
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