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Tether’s Profit Has Grown to the Scale of Traditional Banks AmEx and Morgan Stanley
New data shows that Tether’s pre-tax income is now comparable to the profits of giants like American Express and Morgan Stanley. The company serves over 400 million users worldwide and continues to strengthen its position as the issuer of the largest stablecoin globally.
The Tron network, which has become the primary layer for Tether’s transactions, processes about $21.5 billion in USDT transfers daily. This transaction volume highlights the importance of the stablecoin for millions of people, especially in regions with unstable economies and high inflation.
Despite ongoing discussions in Western countries about reserves and stablecoin regulation, real usage occurs where people need a stable alternative to national currencies. In Argentina, USDT helps protect savings from inflation exceeding 25%. For sellers in Lagos, it provides a way to receive payments quickly and without risk.
New data from Messari Crypto shows that 23 million crypto wallets regularly use Tether (USDT). This confirms the growing trend of mass adoption of stablecoins for daily transactions and value preservation in challenging macroeconomic conditions.
Analysts emphasize that debates about which stablecoin is “better” often occur only in Western countries. In the real world, users choose what already works and solves their immediate problems. Experts believe the global adoption of Tether’s stablecoin will continue to grow in the coming years despite regulatory challenges. Researchers note that the stablecoin industry has already become part of the everyday financial life of millions of people, wherever they are.
See also: "US Senators Express Concern Over Crypto-Backed Mortgage Lending Expansion"
