Tether, the world's leading stablecoin issuer, has officially surpassed 500 million users worldwide.
CEO Paolo Ardoino has described this as the "biggest financial inclusion achievement" in history.
Retaining first-mover advantage
The firm, which was founded back in 2014 by former child actor Brock Pierce and two other entrepreneurs, pioneered the stablecoin model, becoming a true trailblazer.
HOT Stories Bitcoin Absolutely Crushing Gold with Biggest Green Candle Since AprilMorning Crypto Report: Bitcoin Dangerous at $108,000, XRP Retail Hysteria Fuels $2.50 Rally, Elon Musk's SpaceX Moves $268 Million BTCRipple CTO Ends Speculation Over His Role in New $1 Billion XRP TreasuryXRP Defies Retail FUD
Despite various controversies, the stablecoin firm has managed to remain on top, and USDT is still the dominant stablecoin with a market cap of $182 billion.
According to the Tether boss, 37% of USDT users are actually holders. "They are using USDT as their savings account because, you know, they don't have local banks," Ardoino said.
You Might Also Like
Tue, 10/21/2025 - 15:32 SBI Confirms $200 Million XRP Treasury Investment: DetailsByTomiwabold Olajide
He has noted that USDT protects holders from developing countries against currency debasement, given that it does not depreciate as their national currency. In such a way, people can become richer by simply parking their money in a safer fiat currency.
Expanding the greenback's influence
Ardoino has been vocal about USDT's role in expanding the role of the US dollar.
In a February post, the Tether boss stated that the most widely used stablecoin is "the most successful" tool for maintaining the hegemony of the greenback.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
