Tether CEO Claims 'USDT is Used by 550 Million People in Emerging Countries'

On March 8, Tether's CEO, Paolo Ardoino, highlighted the unique position of USDT in terms of decentralization and financial inclusion in a post on X (formerly Twitter). Over the past 12 months, the largest single remitter of USDT accounted for only 4.97% of the total remittance volume, significantly lower than the 23.34% seen with other stablecoins. This figure indicates that USDT is not reliant on specific major users and is widely distributed...