Tether CEO Paolo Ardoino announced that USDT now serves over 550 million users in emerging markets, highlighting its role in providing financial services to individuals often excluded by traditional systems. Over the past year, the largest single sender of USDT accounted for just 4.97% of total transfers, significantly lower than the 23.34% seen with other stablecoins. This indicates a more distributed usage pattern for USDT compared to its peers.