Tether CEO Paolo Ardoino reports 30 million new USDT wallets every quarter
Crypto Briefing 2026-07-17 02:25:36
Context: Tether CEO Paolo Ardoino announced that the stablecoin USDT is adding 30 million new wallets every quarter, driven by growing demand in emerging markets. This growth has pushed the total number of users to 500 million. The expansion of USDT's user base is a significant indicator of the increasing adoption of stablecoins in the cryptocurrency market.
Key Facts
- Tether CEO Paolo Ardoino reported that USDT adds 30 million new wallets each quarter, indicating a significant growth in the stablecoin's user base.
- The total number of USDT users has reached 500 million, driven by increasing demand in emerging markets.
- The growth in USDT's user base is a key indicator of the expanding adoption of stablecoins in the cryptocurrency market, with Ardoino's announcement highlighting the stablecoin's continued relevance.