The post Tether Hits 500 Million Users Globally appeared on BitcoinEthereumNews.com. Tether, the issuer of the USDT stablecoin, has confirmed that more than 500 million people now use its digital dollar—equivalent to roughly 6.25% of the global population. CEO Paolo Ardoino called the milestone “likely the biggest financial inclusion achievement in history.” Tether emphasized that its user count reflects real individuals, not just wallet addresses, underscoring the growing real-world use of USDT. Pegged to the US dollar, the stablecoin is increasingly used as a store of value and a day-to-day payment tool, particularly in regions with unstable local currencies. Source: Paolo Ardoino The World Bank reports that 1.4 billion adults still live outside the traditional financial system. Tether argues that cryptocurrencies offer an alternative path to inclusion, since anyone with a smartphone can create a wallet, receive payments, and secure savings without a bank. To mark its milestone, Tether released a new documentary focused on Kenya, where small businesses and families rely on USDT not for speculation, but for economic survival. The film highlights how local merchants use USDT to pay for imports and shield themselves from the sharp decline of the Kenyan shilling. Market Leadership and Expanding Vision According to CoinMarketCap, USDT holds a market capitalization of $182.5 billion, controlling 57.4% of the stablecoin market, far ahead of USDC’s $76.8 billion. Tether also invested in Kenyan fintech Kotani Pay, supporting on-chain payment infrastructure in Africa, where crypto activity in Sub-Saharan regions has grown 52% year-over-year, according to Chainalysis. Beyond stablecoins, Tether is expanding into AI, energy, and media, with reports indicating plans to raise up to $20 billion and potentially reach a $500 billion valuation. The company also partnered with Antalpha to raise $200 million for the gold-backed stablecoin XAUT and broader tokenized asset initiatives. Source: https://coinpaper.com/11810/tether-celebrates-500-million-users-as-usdt-adoption-surges-worldwideThe post Tether Hits 500 Million Users Globally appeared on BitcoinEthereumNews.com. Tether, the issuer of the USDT stablecoin, has confirmed that more than 500 million people now use its digital dollar—equivalent to roughly 6.25% of the global population. CEO Paolo Ardoino called the milestone “likely the biggest financial inclusion achievement in history.” Tether emphasized that its user count reflects real individuals, not just wallet addresses, underscoring the growing real-world use of USDT. Pegged to the US dollar, the stablecoin is increasingly used as a store of value and a day-to-day payment tool, particularly in regions with unstable local currencies. Source: Paolo Ardoino The World Bank reports that 1.4 billion adults still live outside the traditional financial system. Tether argues that cryptocurrencies offer an alternative path to inclusion, since anyone with a smartphone can create a wallet, receive payments, and secure savings without a bank. To mark its milestone, Tether released a new documentary focused on Kenya, where small businesses and families rely on USDT not for speculation, but for economic survival. The film highlights how local merchants use USDT to pay for imports and shield themselves from the sharp decline of the Kenyan shilling. Market Leadership and Expanding Vision According to CoinMarketCap, USDT holds a market capitalization of $182.5 billion, controlling 57.4% of the stablecoin market, far ahead of USDC’s $76.8 billion. Tether also invested in Kenyan fintech Kotani Pay, supporting on-chain payment infrastructure in Africa, where crypto activity in Sub-Saharan regions has grown 52% year-over-year, according to Chainalysis. Beyond stablecoins, Tether is expanding into AI, energy, and media, with reports indicating plans to raise up to $20 billion and potentially reach a $500 billion valuation. The company also partnered with Antalpha to raise $200 million for the gold-backed stablecoin XAUT and broader tokenized asset initiatives. Source: https://coinpaper.com/11810/tether-celebrates-500-million-users-as-usdt-adoption-surges-worldwide

                                                                               Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash.                     Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more