The Greatest Financial Inclusion in History: USDT Stablecoin Reaches 500 Million Users

On the 21st, Paolo Ardoino, CEO of Tether, announced on X (formerly Twitter) that 'Tether USDT has officially reached 500 million users, which is likely the greatest achievement in financial inclusion to date.'

Currently, USDT's market capitalization stands at approximately $182 billion (about 27.3 trillion yen), representing about 60% of the entire stablecoin market. This significantly surpasses the second-largest, USDC, which has a market cap of about $75 billion (approximately 11.25 trillion yen).

Mr. Ardoino previously noted that 37% of USDT users are actually holders, 'they...