Tether CEO: The USDT contract has only about 300 lines of code, serving over 730 million users

Paolo Ardoino delivered a speech at the 2026 Lugano Plan ₿ Forum, stating that USDT is essentially a smart contract consisting of only about 300 lines of code, which has changed the lives of hundreds of millions of people.

Tether currently has over 730 million users, adding 30 million wallets each quarter, with a growth rate that surpasses the vast majority of fintech companies; for ordinary people in economies with an annual inflation rate as high as 100%, USDT provides a means to hold US dollars.