Tether releases a statement celebrating its tenth anniversary, with the market value of USDT nearing 120 billion U.S. dollars

In its latest article, Tether celebrates a decade of pioneering progress and innovation that has shaped the evolving digital asset landscape.

Since its establishment in 2014, Tether has launched the world's first stablecoin. Today, USDT is the most widely used stablecoin with a market value close to $120 billion, serving as an indispensable pillar of the global digital economy. Tether plays a key role in consolidating the dominance of the dollar overseas. With over 350 million users worldwide, it provides financial tools and digital currencies that promote financial inclusivity, especially in emerging markets.

Over the past 12 months, new user growth increased by 24%, up from 50% in previous year due to accelerated adoption of USDT during critical periods of market volatility and growing interest in decentralized finance.