Tether Reaches 35.1% Usage in July 2026, Outpacing 2021 Peak

According to TradingView and CryptoQuant, Tether (USDT) usage reached 35.1% as of July 2026, surpassing the 29.0% recorded in the same period of 2021 and marking a significant increase from negative territory in 2024.

ERC-20 stablecoin activity has accelerated, with active addresses surging between 400,000 and 700,000 daily since 2025, reflecting growing enterprise adoption for cross-border settlements and treasury operations.

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