{"id":144400,"date":"2024-12-10T16:00:10","date_gmt":"2024-12-10T14:00:10","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144400"},"modified":"2024-12-10T15:10:05","modified_gmt":"2024-12-10T13:10:05","slug":"tether-reveals-how-small-wallets-are-fueling-usdts-growth","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/tether-reveals-how-small-wallets-are-fueling-usdts-growth\/","title":{"rendered":"Tether Reveals How Small Wallets Are Fueling USDT&#8217;s Growth"},"content":{"rendered":"<p>In a recent <strong><a href=\"https:\/\/tether.io\/news\/how-many-usdt-on-chain-holders-are-there\/\">report<\/a><\/strong>, the firm emphasizes the rapid increase in <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/tether\/\">USDT<\/a> <\/strong>adoption among users with modest crypto holdings. Over the past year, wallets containing less than $1,000 have been the primary drivers of a 71% growth in USDT wallets, with a 129% increase reported the previous year.<\/p>\n<p>This trend gained significant momentum following the FTX collapse, as many users opted for self-custody of their funds instead of relying on centralized exchanges.<\/p>\n<p>USDT has retained its dominance even amid challenges faced by competitors, such as the de-pegging of <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/usd-coin\/\">USDC<\/a> <\/strong>and <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/multi-collateral-dai\/\">DAI<\/a> <\/strong>during the Silicon Valley Bank crisis. Tether notes this resilience has further cemented USDT\u2019s reputation as the go-to stablecoin for global users.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/dogecoin-targets-10-as-whale-activity-and-accumulation-surge\/\" title=\"Dogecoin Targets $10 as Whale Activity and Accumulation Surge\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/dogecoin-blog1.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Dogecoin Targets $10 as Whale Activity and Accumulation Surge<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Tether also highlights how the widespread use of small-balance wallets underscores USDT\u2019s practical appeal. These wallets demonstrate the stablecoin\u2019s accessibility for users with limited banking options, providing a vital financial alternative.<\/p>\n<p>Additionally, a 29% reactivation rate for these wallets indicates that many users return to holding USDT when they have available funds, reinforcing its role as a reliable tool for those outside traditional banking systems.<\/p>\n<p>With a market cap of $1.38 billion, USDT continues to lead the stablecoin market, reflecting its sustained popularity and utility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tether, the company behind the widely-used stablecoin USDT, attributes its impressive growth to small-scale holders, rather than large investors.<\/p>\n","protected":false},"author":9,"featured_media":22064,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-144400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tether Reveals How Small Wallets Are Fueling USDT&#039;s Growth<\/title>\n<meta name=\"description\" content=\"Tether, the company behind the widely-used stablecoin USDT, attributes its impressive growth to small-scale holders, rather than large ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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