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Tether Celebrates 10 Years of Global Adoption and Stablecoin Dominance with Over 350 Million Users Worldwide

Author: Content Editor
Tether, the largest company in the digital assets industry, is celebrating its 10-year anniversary. Since its inception, Tether has revolutionized finance by introducing the world's first stablecoin, USD₮, which is pegged to the US dollar. USD₮ has become the most widely used stablecoin with a market capitalization of nearly $120 billion. Tether has seen remarkable growth in active users, especially in emerging markets, with new users growing 24% in the last 12 months. Tether's multi-chain support has contributed to its expanding user base. Tether has been pivotal in reinforcing the dominance of the US dollar abroad, offering reliable, dollar-backed transactions in markets with limited banking access. Tether's holdings of US Treasuries further strengthen the dollar's global influence. Tether has also expanded beyond stablecoins to other fiat-pegged tokens, solidifying its leadership in the stablecoin category. Tether's vision for the next 10 years includes enhancing global financial inclusion, expanding token offerings, and fostering innovations in AI, energy sustainability, and blockchain education. To commemorate its anniversary, Tether will release a documentary highlighting its impact in countries such as Brazil, Argentina, and Turkey.

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