Tether CEO uses viral Simpsons meme to highlight 13% Tether growth in Q1
The CEO of Tether, Paolo Ardodino, celebrates the recent quarterly base of the stablecoin user base with a meme viral Simpsons, because more and more global users flock to the USDT in the middle of economic volatility.
In a recent article, Ardoino announcement that the stable The company experienced an increase in its user base throughout the first quarter of 2025. To commemorate growth, it published a meme of the long -standing American animated series, The Simpsons.
In the photo published by Ardodino, usdt (USDT) is the coffee poured with a jug in a cup held by Lisa Simpson, which represents stable -co -tether users receiving more USDT in their chain wallets.
“The number of USDT users increased by 13% in the first quarter job.
Recently ardoino revealed That the Stablecoin firm has exceeded more than 400 million users worldwide. However, the company has not yet revealed the exact number of users it has approximately in T1 2025. It ranks in third place just below Bitcoin (BTC) and Ethereum (Ethn) on the global classification of cryptography.
Meanwhile, his circle of competitors (USDC) is in 7th place, with $ 60 billion in market capitalization, less than half of the USDT market capitalization.
What caused the overvoltage of attachment users?
The recent increase in USDT users could be attributed to economic uncertainty triggered by the president Donald Trump Liberation day coverage rate on products entering the WE. Since then, Trump has declared A 90 -day break on prices affecting more than 180 countries and region, with the exception of China.
Stablecoins provides users with a refuge to store their funds, which is obviously less volatile compared to other cryptographic assets. Therefore, many users have chosen to exchange their crypto and their fiat in stablecoins to protect it from market volatility.
More recently, Bloomberg published a report that highlighted how much Indonesian have started to buy more USDT in recent months to deal with concerns about economic uncertainty.
According to the report, a private banker said that Indonesians with net value ranging from $ 100 million and $ 400 million invested 10% of their assets in the crypto. On April 9, Indonesian Roupie fell Close to its lowest record, around RP16 957 for pricing voltages after price tensions.
Since the beginning of March, the trade in the USDT-RUPIAH pair, now has contributed to more than a quarter of the daily volumes of Tokocrypto from the Indonesian crypto, according to To the director of business marketing, Wan Iqbal.
Post Comment