Tether has introduced support for the USDT stablecoin within the Bitcoin ecosystem, both at the base layer and through the Lightning Network.
This integration was made possible by the Taproot Assets protocol developed by Lightning Labs. The solution enables scalable and user-friendly payment tools, including microtransactions, transfers, and cross-border settlements. USDT support on the Lightning Network unlocks new opportunities for faster and more cost-effective transactions, making it an attractive tool for both individuals and businesses.
Tether and Lightning Labs will continue their collaboration to further develop the ecosystem and support the community, aiming to enhance functionality and implement new solutions that improve the convenience and security of using the stablecoin.
As of October 2024, USDT was utilized by 330 million cryptocurrency wallets and on-chain accounts. By the beginning of Q4, the number of USDT holders had reached 109 million—more than double the number of Bitcoin holders and approaching Ethereum’s figures. This growth trend confirms the high level of trust in USDT and its resilience as a primary instrument for transactions in the crypto industry.
In January 2025, Tether launched a cross-chain version of USDT0 on Kraken’s L2 solution for Ethereum, called Ink. This new stablecoin aims to enhance interoperability between different blockchains and streamline user interactions with decentralized finance (DeFi) services.
In August 2024, Tether expanded support for Aptos, following its integration with TON (Telegram Open Network) in April. These developments contribute to USDT’s growing presence in rapidly expanding ecosystems and extend its usability across various blockchain projects.
Earlier, in June 2024, the company decided to discontinue USDT issuance on the EOS and Algorand networks. This move was part of a strategic shift towards more promising blockchain platforms.
With these ongoing developments, Tether continues to evolve the USDT ecosystem, adapting to changing market conditions and providing users with advanced digital payment solutions.
