Altcoins

Tether’s USDT Hits Milestone Amid Surge In Stablecoin Adoption

10.12.2024

Tether reports that, as of the fourth quarter of 2024, more than 109 million on-chain wallets are holding USDT. This marks a notable milestone in the adoption of Tether’s stablecoin, placing it among the most widely held digital assets globally. This figure represents a significant increase in both individual and institutional adoption, with USDT continuing to play a pivotal role in the crypto ecosystem. The growth of Tether aligns with the increasing demand for stablecoins, driven by their utility in providing a reliable store of value.

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10.12.2024
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