Tether’s USDT stablecoin added 30 million wallets in Q2 2026, continuing a trend of quarterly growth above 30 million. The user base previously surpassed 534 million wallets after adding 35 million in Q4 2025. CEO Paolo Ardoino stated USDT now onboards over 30 million wallets per quarter. With 174.4 billion USDT in circulation backed by U.S. Treasuries, and over 100 million users via centralized exchanges, Tether’s adoption spans multiple blockchains including Ethereum, Tron, and TON, particularly in emerging economies for payments and savings.
Tether’s USDT user base expanded by 30 million wallets during the second quarter of 2026, extending its consistent quarterly growth trend. This continues the high demand for the dollar-pegged stablecoin in payments, trading, remittances, and savings.
Previously, in 2025, Tether noted that USDT already had more than 534 million wallets, with approximately 35 million wallets added in Q4 2025. CEO Paolo Ardoino emphasized that USDT continues to onboard over 30 million wallets per quarter.
USDT operates on several blockchain platforms, including Ethereum, Tron, TON, and layer-2 solutions. It has become a popular digital dollar used in developed and emerging economies for cross-border transfers, daily operations, crypto trading, and protection against local currency devaluation.
In Q3 2024, Tether added approximately 36.25 million wallets, with an average quarterly growth close to 9%. Ardoino said USDT had already gained roughly 500 million users as of the end of 2025, with projections assuming further growth to exceed 530 million users.
More than 100 million people use USDT wallets through centralized exchanges. The increased usage of USDT can indicate rising liquidity across the broader digital asset market.
The attestation for the first three quarters of 2025 noted approximately 174.4 billion USDT in circulation, backed mainly by U.S. Treasury assets. While competing stablecoins like USDC grow institutionally through regulatory compliance, Tether leverages its grassroots popularity, especially valuable for users in emerging economies lacking access to dollar-pegged assets.
