Tether adds over 30 million USDT wallets in Q2 2026

Tether's USDT stablecoin continues to see massive global adoption, adding more than 30 million new wallets in the second quarter of 2026, according to CEO Paolo Ardoino. This pace extends a consistent growth trend that has seen the company's total user base expand to hundreds of millions, with a particular concentration in developing economies.

The quarterly growth figure, shared publicly by Ardoino, indicates sustained demand for the dollar-pegged digital asset. Earlier in the year, the executive stated USDT's user base was roughly 550 million people, expanding by over 30 million new wallets every quarter. This translates to an annual pace of well over 100 million new wallets. By late 2025, the total number of USDT wallets had already climbed to around 500 million, with projections at the time indicating it would surpass 530 million by early 2026.

Analysts and the company itself attribute this growth to USDT's utility as a tool for low-cost cross-border payments, remittances, and savings, especially in regions with volatile local currencies or limited access to traditional dollar services. Ardoino has repeatedly framed USDT as "dollar infrastructure for the developing world,"...