{"id":17830,"date":"2024-10-16T19:42:26","date_gmt":"2024-10-16T16:42:26","guid":{"rendered":"https:\/\/forklog.com\/en\/tether-reports-330-million-usdt-users\/"},"modified":"2024-10-16T19:42:26","modified_gmt":"2024-10-16T16:42:26","slug":"tether-reports-330-million-usdt-users","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/tether-reports-330-million-usdt-users\/","title":{"rendered":"Tether Reports 330 Million USDT Users"},"content":{"rendered":"<p>As of the end of the third quarter of 2024, the stablecoin USDT is utilized by 330 million cryptocurrency wallets and on-chain accounts, according to its issuer, Tether.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Tether Insights Vol 1<\/p>\n<p>How Many USDt Users Are There? <br \/>Read more: <a href=\"https:\/\/t.co\/KWycnb6xDf\">https:\/\/t.co\/KWycnb6xDf<\/a><a href=\"https:\/\/t.co\/sZwx9tUtJ8\">https:\/\/t.co\/sZwx9tUtJ8<\/a><\/p>\n<p>\u2014 Tether (@Tether_to) <a href=\"https:\/\/twitter.com\/Tether_to\/status\/1846531841701900327?ref_src=twsrc%5Etfw\">October 16, 2024<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The company compared this figure to the population of the United States and emphasized that the final result does not include USDT users on centralized bitcoin exchanges. Tether estimates these users to be several tens of millions more.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"596\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/222-1-1024x596.jpg\" alt=\"222-1\" class=\"wp-image-243335\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/222-1-1024x596.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/222-1-300x174.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/222-1-768x447.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/222-1-1536x893.jpg 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/222-1.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Number of on-chain wallets that have ever received USDT. Data: Tether.<\/figcaption><\/figure>\n<p>Despite the large audience, the issuer notes an increase in the growth rate of this figure. The third quarter of 2024 was a record, bringing in 36.25 million new users.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"596\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/333-1-1024x596.jpg\" alt=\"333-1\" class=\"wp-image-243336\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/333-1-1024x596.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/333-1-300x174.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/333-1-768x447.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/333-1-1536x893.jpg 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/333-1.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Number of new on-chain wallets using USDT. Data: Tether.<\/figcaption><\/figure>\n<p>Tether attributed the increase in audience to second-layer solutions and the development of the TON ecosystem.<\/p>\n<p>The most popular blockchains for USDT were identified as TRON, BNB Chain, and Ethereum, with the greatest growth over the past year observed in Optimism, Arbitrum, and Polygon.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"596\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/444-1-1024x596.jpg\" alt=\"444-1\" class=\"wp-image-243337\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/444-1-1024x596.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/444-1-300x174.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/444-1-768x447.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/444-1-1536x893.jpg 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/444-1.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Growth rates of USDT users across networks over the past 12 months. Data: Tether.<\/figcaption><\/figure>\n<p>Earlier, Tether CEO Paolo Ardoino described the company as &#8220;the best friend of the US government.&#8221; Prior to this, the issuer reported assisting 145 law enforcement agencies <a href=\"https:\/\/u1f987.com\/en\/news\/tether-aids-law-enforcement-in-recovering-108-million-in-usdt-since-2014\">in recovering over $108.8 million in USDT<\/a> since 2014.<\/p>\n<p>In September, the consumer advocacy group Consumers\u2019 Research accused Tether of lacking transparency regarding its US dollar reserves and compared the company to the collapsed cryptocurrency exchange FTX.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As of the end of the third quarter of 2024, the stablecoin USDT is utilized by 330 million cryptocurrency wallets and on-chain accounts, according to its issuer, Tether. Tether Insights Vol 1 How Many USDt Users Are There? Read more: https:\/\/t.co\/KWycnb6xDfhttps:\/\/t.co\/sZwx9tUtJ8 \u2014 Tether (@Tether_to) October 16, 2024 The company compared this figure to the population [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1252,807,1245],"class_list":["post-17830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-reports","tag-stablecoins","tag-tether-usdt"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=17830"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/17829"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=17830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=17830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=17830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}