Key Takeaways
- Tether’s USDT stablecoin has surpassed 500 million users, as announced by CEO Paolo Ardoino.
- A significant portion of growth attributed to grassroots adoption and expansion in emerging markets.
Tether’s USDT stablecoin has reached 500 million users, CEO Paolo Ardoino revealed via his official X account.
The milestone reflects Tether’s focus on expanding digital dollar access in emerging markets, where USDT serves as a key tool for remittances and payments in developing countries. The stablecoin issuer has emphasized grassroots adoption efforts, working directly with communities to integrate USDT into everyday financial activities.
Tether recently released a financial attestation under regulatory supervision in El Salvador, highlighting its commitment to compliant operations while promoting USDT globally. Ardoino attended an event where President Trump signed the GENIUS Act, landmark legislation embracing and providing a federal regulatory framework for digital assets.
Source: https://cryptobriefing.com/tether-usdt-500-million-users/
