Tether launches public directory tracking real-world use of its stablecoin
The company says USD₮ has a market capitalisation of $186 billion and is used across payments, trading and remittances
Tether, the company behind the world's largest stablecoin, has launched a publicly searchable directory mapping where and how its USD₮ token is used across exchanges, payments, wallets and other financial services.
The directory was unveiled at the Plan ₿ Forum in San Salvador and built in collaboration with The Grid, an API-based ecosystem intelligence platform.
Tether said the tool is intended to give users, developers, institutions and regulators greater visibility into real-world USD₮ integrations, which span payments, remittances, trading and liquidity provision.
Users can search integrations by category, supported assets and product type, with ecosystem participants able to submit or claim profile pages that are reviewed by moderators for accuracy.
Tether said the directory aims to reflect active, verifiable usage rather than serve as a promotional listing.
"USD₮ does not exist as an isolated asset," said Paolo Ardoino, chief executive of Tether, adding that it "operates within a broad universe of wallets, platforms, payment tools and cutting-edge infrastructure built by teams around the world."
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The company said USD₮ now has a market capitalisation of $186 billion.
The directory is launching as a public proof of concept and will be expanded over time, with businesses that support USD₮ able to claim profiles for inclusion.
The Recap
- Tether launched a public directory mapping USD₮ integrations worldwide.
- USD₮ has a market cap of $186 billion.
- Directory launches as a public proof-of-concept and will expand.
