Tether’s USDT Hits New High—330 Million Wallets And Counting

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Tether’s USDT Hits New High—330 Million Wallets And Counting - NewsBTC

Quick Summary:

This rise is primarily driven by wallets with balances under $1,000, demonstrating that daily consumers prefer the stablecoin for its convenience and dependability.In fact, around 18.7 million wallets contain less than $1 of USDT, demonstrating its utility as a financial tool for those with low resources.

Analyst Points To Utility And Market Cap Potential Unprecedented USDT Growth Among Small Holders According to Tether’s latest data, the number of wallets holding USDT has increased by 71% in just one year.

According to the report, USDT is stored in four times more wallets than all other stablecoins combined, cementing its status as the world’s leading stablecoin.