The market capitalization of USDT has risen 34 times compared to 2020, with on-chain volume increasing 74 times.

[USDT market capitalization has risen 34 times compared to 2020, on-chain volume has risen 74 times] Tether CEO Paolo Ardoino stated on social media that the USDT market capitalization has risen 34 times compared to 2020 (from 4.7 billion USD to 160 billion USD), on-chain volume has risen 74 times (from 14.8 billion USD monthly to 1.1 trillion USD monthly), and the user base has risen 160 times (from 2.8 million to 450 million).

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