Paolo Ardoino detailed at a USAT event Tether’s rapid USDT growth, user base expansion, and strong profitability alongside its significant presence in U.S. Treasuries and global stablecoin markets.
Tether CEO Paolo Ardoino revealed at a USAT event that USDT has nearly 500 million global users with a 10% growth rate in Q4 2024. The stablecoin’s market capitalization stands at about $170 billion, with an average daily trading volume of $45 billion. Approximately 35% of the USDT supply is held by depositors, and Tether ranks 18th among U.S. Treasury holders. In Q2 2025, USDT gained 30 million new users and now has about 17 million daily traders, 63% of whom trade only USDT. Ardoino also highlighted Tether’s profit margin of 99%, underscoring its financial strength.