ME News reports that on November 9 (UTC+8), Paolo Ardoino, speaking at the 2026 Lugano Plan ₿ forum, stated that USDT is essentially a smart contract consisting of only about 300 lines of code, transforming the lives of hundreds of millions of people. Tether currently has over 730 million users, adding 30 million new wallets each quarter—a growth rate surpassing that of most fintech companies. For ordinary individuals in economies with annual inflation rates as high as 100%, USDT provides a means to hold U.S. dollars. (Source: ODAILY)
Tether CEO: The USDT contract contains only 300 lines of code and serves over 730 million users.
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Summary
Tether CEO Paolo Ardoino revealed at the 2026 Lugano Plan ₿ Forum that USDT operates on a smart contract with just 300 lines of code. Despite its simplicity, the stablecoin serves over 730 million users, adding 30 million new wallets each quarter. This rapid ecosystem growth outpaces most fintech firms. In regions with extreme inflation, USDT provides a reliable way to preserve USD value.
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