Tether CEO: USDT Currently Reaches 6.25% of the Global Population
Jinse Finance reported that Tether CEO Paolo Ardoino revealed that the US dollar-pegged stablecoin USDT welcomed its 500 millionth user on Tuesday. This stablecoin provides a channel for transactions and savings for those excluded from the traditional banking system. Tether stated that this figure represents 500 million "real users," not simply the number of Tether wallets—which means that the current users of its stablecoin account for approximately 6.25% of the global population.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. stocks extend gains, Nasdaq Golden Dragon China Index rises over 2%
WLFI surpasses $0.15, with a 24-hour increase of over 24%
The Philadelphia Semiconductor Index rose 2.5% after falling 2.4% the previous day.
Data: The "100% win rate whale since 10.11" has now opened over $90 million in BTC and ETH long positions.
Trending news
MoreCrypto prices
More
