Tether’s User Base Surges 13% in Q1 as Emerging Markets Embrace USDT
Tether CEO Paolo Ardoino announced on April 14 that the company experienced a 13% surge in users during the first quarter of 2025, as global crypto market volatility continued to drive interest in stablecoins.
In a post on X (formerly Twitter), Ardoino noted the growing adoption of USDT, especially in emerging markets like Argentina, Brazil, and Nigeria. These regions are increasingly turning to Tether’s stablecoin as a digital alternative to their often unstable local currencies.
“USDT is acting as a lifeline for millions,” Ardoino previously said, referring to the rising use of Tether as a “digital dollar” in economies plagued by hyperinflation and limited access to traditional banking.
While the post did not specify current user numbers, Ardoino had earlier indicated that Tether’s global user base had reached around 400 million people.
Number of USDt users grew 13% in Q1/2025 pic.twitter.com/suFHypVEzw
— Paolo Ardoino 🤖 (@paoloardoino) April 14, 2025
Tether has continued to play a pivotal role in financial systems where citizens struggle with inflation and banking exclusion. With USDT, users can store value, send payments, and preserve purchasing power—functions that traditional institutions often fail to deliver in such regions.
As a result, the market capitalization of USDT keeps climbing, recently hitting a new all-time high of $144 billion. This milestone further cements Tether’s place as the world’s leading stablecoin.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
