Key Notes

Tether's user base is 82% larger than Circle's, though its market cap lead is only 58%, indicating smaller average holdings.

USDT averages $364 per user compared to USDC's $852, reflecting Tether's stronger retail presence versus institutional focus.

The company launched Plasma blockchain attracting $6B TVL in one week while holding $127B in US securities as of Q2 2025.

On Tuesday, October 21, Tether, the issuer of the world’s largest stablecoin by market capitalization, USDT USDT $1.00 24h volatility: 0.0% Market cap: $182.05 B Vol. 24h: $144.25 B , announced that it has reached 500 million verified users worldwide.

The Paolo Ardoino-led company shared the milestone with its 546,000 followers on X, calling for celebrations.

Tether Hits 500 M

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