According to BlockBeats, on September 22, according to Coingecko data, the total market value of USDT has exceeded 119 billion US dollars, reaching 119.13 billion US dollars, setting a record high. This milestone reflects the continued growth in market demand for stablecoins and further consolidates USDT's dominance in the cryptocurrency market. On-chain data analysis shows that investors' trust in stablecoins and frequency of use are steadily increasing, indicating an optimistic outlook for the future market.