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 Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a "detective-like" mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
