The current global economic volatility has led to the adoption of USDT, issued by Tether, as a paradise for archiving funds for investors all over the world, causing a 13% increase in the company’s users.
The CEO of Tether, Paolo Aroino, celebrated this milestone on April 14, 2025 through a Simpson viral meme post. In the image shared by Ardoino, the USDT Tether is depicted as the coffee shed by a jug in a cup held by Lisa Simpson, symbolizing Tether Stablecoin users who receive further USDT in their chain wallets.
In addition, last month, Ardoino announced the link exceeding 400 million global users. However, the Stablecoin broadcaster has not yet disclosed exactly how many users he has on his platform in the first quarter of 2025.
Today Tether USDT has (conservatively) over 400 million users around the world. Soon 1 billion.
We have always focused on adoption from scratch, working on the streets, among other people, while traditional finance was looking at us from their ivory towers.
This is …
– Paolo Ardoino
(@paoloardoino) March 27, 2025
At the time of drafting this document, Tether still holds the title of the largest station of Stablecoin. He commands a market capitalization of $ 144 billion and places himself in third place ever in the cryptocurrency rankings, right behind Bitcoin and Ethereum.
Circle, the closest rival of Tether, ranks 7th in the cryptocurrency rankings, with a market capitalization of $ 60 billion.
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USDT sees greater adoption despite economic instability
Tether’s ability to maintain the USDT fold 1: 1 to the dollar has attracted those who want to diversify from traditional financial systems in periods of economic instability.
In addition, the covered rates of the day of the liberation of the President of the United States Donald Trump on any product that enters the United States caused global economic uncertainties. Since then, Trump has declared a 90 -day tariff break for countries that are willing to negotiate.
While most countries are subject to a 10%reduced rate, China has to face a fare greater than 145%, highlighting the current commercial tensions and pushing many users around the world to park their funds in Stablecoins. They are less volatile than other digital resources and, evidently, users are better protected from market volatility.
In light of the changing US regulations, Tether is considering the creation of a Stablecoin for the US market. According to Aroino, if the government makes the rules competitive, Tether will take into consideration the development of a home token for use as a regulation currency in the United States. At the moment, $ 144 billion of Tether token are in circulation, but the company does not accept customers in the United States.
In addition, on April 14, 2025, Tether announced his intention to distribute existing and future hash rates on Ocean, a mining swimming pool launched by Bitcoin Core Luke Dashjr developer. Ocean uses the Open Source data protocol to allow miners to create their own block models, thus reducing their dependence on centralized intermediaries and increasing censorship resistance.
Ardoino stressed: “As a company engaged in financial freedom and open access, we see the support of decentralization in Bitcoin mining as an essential for long -term integrity of the network”.
Tether aims to implement Ocean’s Datum Gateway through his global mining operations, including the underground regions as parts of Africa.
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Transparency still an important regulatory obstacle for Tether
While Tether celebrates its growth, things are not entirely without continuity. The company has yet to face control over its reluctance to respond to the concerns about its reserves, which has seen USDT delisting from important cryptocurrency exchanges in Europe.
In addition, concerns relating to the improper use of the USDT for money recycling have emerged. According to a report published by the Global Times on April 13, 2025, nine people in China received convictions and fines for their involvement in a telecommunications fraud regime aimed at the Indians.
Breaking News:
“The serious cryptographic crime discovered”A Chinese fraud ring would have recycled over $ 6 million in Tether (USDT) by 66,800 Indian victims, according to reports.#Usdt #Bind #Crypto pic.twitter.com/s3undkb8JR
– Scoopist (@scoopistin) April 14, 2025
The operation has frozen 66,800 people of 517 million Indian rupees ($ 6.2 million) using fake and false identity investment platforms. According to the Indian Special Task Force (STF), the band has used a multi -level recycling process that involves Indian bank accounts and cryptocurrency wallets, converting the funds to Tether, who then sent to the Chinese wallets.
The Blockchain analysis revealed that the scammers employed “Puselic” tactics -Grandi transactions in smaller ones to avoid the detection-e have used peer-to-peer platforms to exchange FIAT currency for USDT. The police have already frozen several wallets, but the entire extension of the movement of the bottom is still under investigation.
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Keyway keyway
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Tether’s users grew 13% in the first quarter of 2025 in global economic instability, attracting users looking for safe financial paradises.
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Tether can try to develop a Stablecoin only in the United States if the rules are competitive.
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Tether will distribute current and future hash rates on the ocean.
The CEO of Post Tether triggers the frenzy of the meme while the base of USDT users increases by 13% appeared for the first time on 99 bitcoins.