Tether CEO reports over 550 million users utilizing USDT in emerging markets

Tether CEO Paolo Ardoino shared that over 550 million users in emerging markets are leveraging USDT. He also pointed out that the largest sender represented just 4.97% of the total USDT issued last year, which is significantly lower than the 23.34% of other stablecoins. USDT aids individuals often overlooked by conventional banking.

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