According to Tether CEO Paolo Ardoino, USDT’s user base has grown 10% in Q4 2024, reaching nearly 500 million globally, reflecting its expanding role in digital finance.
According to Tether CEO Paolo Ardoino’s official announcement at a USAT event, USDT now serves nearly 500 million global users and saw a 10% growth in Q4 2024. The stablecoin’s market cap stands at roughly $170 billion, with an average daily trading volume of $45 billion. Approximately 35% of the USDT supply is held by depositors, and Tether is the 18th largest holder of U.S. Treasuries. In Q2 2025, 30 million new users joined, and USDT counts around 17 million daily traders, 63% of whom trade only USDT. Ardoino added that Tether operates with a profit margin of 99%.