The news comes amid the company’s 10-year anniversary celebration.
Tether, the company behind the USDt (USDT) stablecoin, announced it had surpassed 350 million users on Oct. 7, just 10 years after its launch in 2014.
According to a blog post from the stablecoin issuer, Tether saw a user count increase of 24% for the past 12 months, indicating that it had approximately 282 million users in October 2023. Prior to that, in 2022, it boasted only half of that with around 141 million users.
Source: Tether
