Tether CEO Paolo Ardoino says USDT’s user base is growing by more than 30 million wallets per quarter, extending the stablecoin’s lead as its market capitalization hovers near record levels.
Key Takeaways
Paolo Ardoino says USDT adds over 30 million wallets a quarter, with its user base above 550 million. USDT’s market cap climbed to about $190 billion in 2026, briefly flipping ether as the no. 2 crypto.Tether posted $1.04 billion in Q1 2026 profit and holds 97,141 BTC in its bitcoin reserve.All of this growth, however, is not without its caveats, and wallet counts are not unique individuals, as one person can hold many addresses.
