Tether's USDT Wallets Reach 500 Million... Quarterly Growth of 30 Million

Tether's stablecoin USDT wallet count has reached approximately 500 million. Paolo Ardoino, Tether's CEO, stated that over 30 million new wallets are added each quarter. USDT growth has accelerated in the past year, with new wallets increasing by 9% in Q3 2024 to 36.25 million. Ardoino noted that total USDT wallets will reach 500 million by November 2025, with many users in developing countries, and expects surpassing 530 million by early 2026. The expansion is attributed to broad accessibility, low cross-border transaction costs, and expanded use beyond crypto trading. Many developing countries are adopting USDT as a digital dollar alternative for purchasing power preservation and international payments. Tether is also expanding into AI, telecommunications infrastructure, energy, and fintech while maintaining USDT as its core business.