Tether celebrates 10th anniversary with USDT market capitalization approaching $120 billion

Tether celebrates the pioneering advances and innovations of the past decade that have shaped the evolving digital asset landscape.
Since its inception in 2014, Tether has revolutionized the financial industry by launching the world's first stablecoin, connecting traditional currencies with the fast-growing digital asset market. Today, USDT is the most widely used stablecoin, with a market cap approaching $120 billion and an indispensable pillar of the global digital economy.
Tether has played a key role in solidifying the dominance of the US dollar overseas. It provides reliable US dollar-backed transactions in markets where traditional banking systems are limited or non-existent. With more than 350 million users worldwide, Tether offers financial instruments and digital currencies that promote financial inclusion, particularly in emerging markets.
New user growth of 24% in the last 12 months and 50% in the first 12 months as USDT adoption accelerates during a critical period of market volatility and growing interest in decentralized finance.