Tether’s USDT Stablecoin Adds 30 Million New Wallets Per Quarter, CEO Says
Tether’s USDT stablecoin is adding more than 30 million new wallets every quarter, according to a statement by CEO Paolo Ardoino. The quarterly figure translates to approximately 120 million new offshore dollar-linked accounts annually.
The announcement frames the expansion as a mechanism for global dollar settlement outside traditional banking channels, rather than speculative trading activity. The stablecoin network continues to operate as a distinct liquidity funnel separate from bitcoin, which serves as a separate store of value.
From the sources (2 posts)
@coinmarketcapLATEST: 📊 Tether CEO Paolo Ardoino says USDT is adding over 30M new wallets every quarter.
@mempoliticsPaolo Ardoino: USDT adds 30 million wallets every quarter. 120 million new offshore dollar-accounts per year. Not crypto speculation — the eurodollar shortage found its pressure-release valve. USDT is the funnel. BTC is the sink. $BTC https