Tether CEO Paolo Ardoino posted on social media stating that the circulation of USDT has reached 107.3 billion, and USDT has become the most commonly used digital dollar in many emerging markets. Hundreds of millions of people living in countries with rapidly depreciating local currencies use it as a checking and savings account. A large part of this group does not have a bank account, which is a use case for USDT in the real world.