The CEO of Tether Sparks even Frenzy while the USDT user base rises by 13%

The current global economic volatility has led to the adoption of the USDT, issued by Tether, as a paradise for storing funds for global investors, which caused a 13% increase in the company’s user basis.

The CEO of Tether, Paolo Ardoino, celebrated this stage on April 14, 2025 through the same viral even of The Simpsons. In the image shared by Ardoino, the Tether usdt is represented as a coffee poured with a jug in a cup held by Lisa Simpson, symbolizing the stablecoin users of Tether receiving an additional USDT in their chain wallets.

In addition, last month, Ardoino announced that Tether exceeding 400 million world users. However, the Stablecoin transmitter has not yet disclosed the number of users he has on its platform in the first quarter of 2025.

Today, Tether USDT has more than 400 million users around the world. Soon 1 billion.

We have always focused on the adoption of zero, working in the streets, among other people, while traditional finance looked at us from their ivory tricks.

It is …

– Paolo Ardoino (@paoloardoino) March 27, 2025

When writing these lines, Tether still has the title of the biggest stable transmitter. He commanded a market capitalization of $ 144 billion and ranks third in the general classification on the graphics of cryptography, just behind Bitcoin and Ethereum.

Circle, the rival closest to Tether, ranks 7th on the crypto charts, with a market capitalization of $ 60 billion.

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The USDT sees increased adoption despite economic instability

TETHER’s ability to keep the USDT allowed 1: 1 to the dollar attracted those who want to diversify traditional financial systems during the economic instability.

In addition, the Liberation Day Coverage Prices for US President Donald Trump on any product entering the United States have caused global economic uncertainties. Since then, Trump has declared a 90 -day price break for countries willing to negotiate.

While most countries are subject to a reduced rate of 10%, China faces an increased 145%rate, highlighting the current trade tensions and encouraging many users worldwide to park their funds in stablecoins. They are less volatile than other digital assets and, obviously, users are better protected against market volatility.

In light of the evolution of American regulations, Tether plans to create a stablecoin for the American market. According to Ardoino, if the government makes the rules competitive, Tether will plan to develop a domestic token for use as a settlement currency in the United States. Currently, $ 144 billion in attachment tokens 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 deploy existing and future hash levels on Ocean, a mining pool launched by the developer Bitcoin Core Luke Dashjr. Ocean uses the open source reference protocol to allow minors to create their own block models, thus reducing their dependence on centralized intermediaries as well as to stimulate resistance to censorship.

Ardoino stressed: “As a company engaged in financial freedom and open access, we consider the decentralization of Bitcoin exploitation as essential to long -term integrity of the network.”

Tether aims to implement the Ocean data gateway through its global mining operations, including poorly served regions like parts of Africa.

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Transparency still a major regulatory obstacle for the attachment

While Tether celebrates its growth, things are not entirely transparent. The company is still faced with a meticulous examination of its reluctance to respond to concerns about its reservations, which have seen the radiation from the USDT of the main crypto exchanges in Europe.

In addition, concerns about the abusive use of the USDT for money laundering have emerged. According to a report published by the Global Times on April 13, 2025, nine people in China received prison terms and fines for their involvement in a telecommunications fraud program targeting the Indians.

Breaking News:
“The crime of the major crypto discovered”

A Chinese fraud ring would have bleached more than $ 6 million in Tether (USDT) of 66,800 Indian victims, reports.#Usdt #Attached #Crypto pic.twitter.com/s3undkb8jr

– scoopist (@Scoopistin) April 14, 2025

The operation has frauded 66,800 people from 517 million Indian rupees ($ 6.2 million) using false investment platforms and false identities. According to the Indian Special Task Force (STF), the gang used a multi-level money laundering process involving Indian bank accounts and cryptocurrency wallets, converting funds into ties, which they then sent to Chinese wallets.

The blockchain analysis revealed that fraudsters used “dark” tactics-writing large smaller transactions to avoid detection and used peer-to-peer platforms to exchange fiduciary money for the USDT. The organizations responsible for the application of laws have already frozen several portfolios, but the complete extent of the fund movement is still inquiry.

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The CEO of Post Tether is stretching the frenzy of memes while the USDT user base rises by 13% compared to 99Bitcoins.

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