Tether CEO Claims USDT Reached 500 Million Users Worldwide
According to Tether executive Paolo Ardoino, the stablecoin USDT has reached 500 million users worldwide. The figure was posted on his social feed. Based on reports, that user base would represent about 6.25% of the global population. At the same time, USDT’s circulating supply is reported to be roughly $182 billion. Tether Reports 500 Million…
Tether Investments Extend Beyond Bitcoin Amid Record Profits — Details
Tether, the issuer of the world’s largest stablecoin USDT, has disclosed a portion of its investment portfolio, revealing an involvement in cryptocurrencies that extend beyond Bitcoin (BTC). The announcement comes as Tether reports record profits in 2024, which have been used to fund these strategic investments in more than 120 companies across multiple sectors. Tether…