PANews reported on October 7 that Tether stated in an official blog post celebrating its tenth anniversary that USDT is the most widely used stable currency with a market value of nearly US$120 billion and is an indispensable pillar of the global digital economy. The number of active users of USDT has grown significantly, with new users growing by 24% in the past 12 months and 50% in the previous 12 months. The adoption of USDT accelerated during a critical period of market volatility and growing interest in decentralized finance. With more than 350 million users worldwide, Tether provides financial tools and digital currencies that promote financial inclusion, especially in emerging markets.