Express
Tether CEO: Influx of New Users and Economic Downturn Resonate, Leading to Stablecoin Growth Surge
Summary: Tether CEO Paolo Ardoino recently stated in an interview that the rapid growth of stablecoins is driven by both changes in user demographics and macroeconomic factors. He noted that since 2020, many middle-aged individuals who were previously unfamiliar with cryptocurrencies have started to understand and use stablecoins like USDT influenced by younger generations. Additionally, facing ...
Tether CEO Paolo Ardoino recently stated in an interview that the rapid growth of stablecoins is driven by both changes in user demographics and macroeconomic factors. He noted that since 2020, many middle-aged individuals who were previously unfamiliar with cryptocurrencies have started to understand and use stablecoins like USDT influenced by younger generations. Additionally, facing financial pressures due to economic downturns, soaring prices, currency devaluation, and high unemployment rates, families in many developing countries are turning to stablecoins as alternative financial tools for storing value, cross-border remittances, and daily payments.
Tags:
Link: Tether CEO: Influx of New Users and Economic Downturn Resonate, Leading to Stablecoin Growth Surge [Copy]
