Tether’s ‘Biggest’ Feat: 500M Users? 🤯

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Tether, the illustrious stablecoin issuer, has just crossed the 500 million user threshold, a feat so grand it makes the Great Wall of China look like a sandbox. 🐉

CEO Paolo Ardoino, a man with a knack for hyperbole, has dubbed this the “biggest financial inclusion achievement in history”-a title that would make even the most seasoned politician blush. 🤡

Retaining first-mover advantage

The firm, founded in 2014 by a former child actor and two other entrepreneurs, pioneered the stablecoin model, proving that even a child actor can make a fortune if they’re brave enough to dabble in digital gold. 🎭💸

Despite a few hiccups-like, you know, being accused of everything from fraud to witchcraft-Tether remains the top dog, with USDT’s market cap soaring to $182 billion. A true testament to the power of “trust” and “transparency.” 🧙‍♂️💰

According to Ardoino, 37% of USDT users are “holders”-a term that likely means they’re too scared to invest in anything else. “They use USDT as their savings account because, you know, they don’t have local banks,” he said, as if that’s a normal thing to say in 2023. 😅🏦

Ardoino claims USDT shields holders from currency debasement, a fancy way of saying “don’t trust your own government’s money.” It’s like having a life jacket in a storm, except the storm is your country’s economy. 🌩️🛶

Expanding the greenback’s influence

Ardoino has been busy preaching about USDT’s role in expanding the US dollar‘s influence, calling it the “most successful” tool for maintaining the greenback’s hegemony. One can only imagine the dollar’s reaction to this praise-probably a proud pat on the back and a “thank you” in the form of a 10% interest rate. 🇺🇸💸

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2025-10-21 20:19