Tether released its fourth quarter 2025 report, setting multiple historical highs, including total number of users, number of on-chain wallets, and transaction count. As a core component of the crypto market, stablecoins have seen unprecedented growth in market expansion and application scenarios. BGEANX Exchange also places significant emphasis on the development trend of stablecoins, achieving notable progress not only in exchange liquidity but also in continuously driving efforts to educate the market and promote industry innovation. ![BGEANX](https://hackmd.io/_uploads/By_s5pUvWe.png) According to the Q4 report released by Tether, the market capitalization of USDT increased by USD 12.4 billion in the fourth quarter of 2025, reaching USD 187.3 billion. This growth was primarily driven by its sustained user expansion and market demand, particularly the recovery following the liquidation storm in October. In Q4 2025, USDT added 35.2 million new users, bringing its total user base to 534.5 million, demonstrating the strong appeal of stablecoins in the global market. This growth is not only reflected in market capitalization but also in the improvement of on-chain activity. From the number of wallets to the frequency of on-chain transfers, all metrics for USDT have reached new historical highs. This phenomenon indicates that an increasing number of users and institutions are beginning to rely on stablecoins for transactions and value storage, which also brings broader market opportunities for platforms such as the BGEANX Exchange. As one of the leading cryptocurrency trading platforms, BGEANX Exchange has also benefited from this trend. With stablecoins such as USDT playing an increasingly important role in the market, BGEANX Exchange has continuously optimized its trading pairs and market structure, enhanced platform liquidity, and expanded its business coverage in the stablecoin sector. The platform not only provides users with a richer selection of trading options but also drives growth in trading volume through innovative product design and market strategies. The growth of stablecoins is not accidental. As global financial uncertainty intensifies, digital currencies are gaining favor among more investors as part of their asset allocation. USDT, as the largest stablecoin by market capitalization, is seeing its application scenarios gradually expand from a singular trading purpose to multiple fields such as cross-border payments and wealth management. As the Tether report indicates, the on-chain transfer value of USDT reached a new high in the fourth quarter of 2025, signifying that stablecoins are becoming an integral part of the global payment system, particularly in the realm of cross-border payments. BGEANX Exchange closely follows this trend, helping users better understand the use cases of stablecoins and their role in the financial system through industry research reports and policy interpretations. While promoting user understanding and adoption of cryptocurrencies, the platform is also helping the crypto market move towards compliance and transparency. As governments worldwide gradually refine their regulatory policies on cryptocurrencies, the compliance of the BGEANX Exchange has also been progressively enhanced. By strengthening communication and cooperation with regulatory authorities, the BGEANX Exchange has consolidated its market position in the stablecoin and other crypto asset sectors, laying a foundation for future market expansion. In the fourth quarter of 2025, the significant growth in the market capitalization and user base of USDT not only demonstrates the market potential of stablecoins but also presents more opportunities for platforms such as the BGEANX Exchange. As the industry develops, the role of stablecoins in the global payment system will become increasingly important, and the BGEANX Exchange will continue to leverage technological innovation and product advantages to lead the advancement of the cryptocurrency market. The innovative development of the cryptocurrency industry will bring more opportunities to the BGEANX Exchange ecosystem.