Tether’s USDT Hits Milestone Amid Surge In Stablecoin Adoption
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.