Tether CEO Says USDT User Base Is Growing by More Than 30 Million Wallets Every Quarter

Tether CEO Paolo Ardoino says the company continues to add more than 30 million new USDT users every quarter, highlighting the rapid global adoption of the world’s largest stablecoin.

Ardoino shared the milestone while discussing USDT’s expanding role in emerging markets, where the stablecoin is increasingly used for savings, remittances, and cross-border payments. He argued that USDT has become a key tool for providing access to U.S. dollar-denominated assets in regions with limited banking infrastructure or high inflation.

Growing Global Adoption

Recent data released by Tether supports the CEO’s claim. The company estimates that its user base has consistently expanded by more than 30 million users each quarter, with hundreds of millions of people now using USDT worldwide. Tether attributes the growth to rising demand across both on-chain wallets and centralized exchanges, particularly in developing economies.

Key factors driving adoption include:

  • Faster and lower-cost cross-border transactions.
  • Greater access to digital U.S. dollars in emerging markets.
  • Increasing use of stablecoins for payments, savings, and trading.

The company has also reported record levels of active wallets, on-chain holders, and transaction activity as stablecoins become a larger part of the global digital asset ecosystem.

USDT Strengthens Market Position

USDT remains the largest stablecoin by market capitalization and continues to dominate the sector despite increasing competition. Tether says its reserves remain heavily backed by U.S. Treasury holdings and other liquid assets, while the company continues to report strong profitability and reserve growth.

Ardoino has repeatedly described USDT as an important driver of U.S. dollar adoption outside the traditional banking system. As stablecoin usage expands globally, Tether appears focused on maintaining its leadership position through continued user growth, broader accessibility, and infrastructure investments.

The latest user growth figures reinforce the scale of USDT’s adoption, suggesting that stablecoins are becoming an increasingly important component of global digital finance, particularly in regions where access to conventional financial services remains limited.

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