Tether user base hits 400m, up 14% since October 2024
With Tether now used by — conservatively — over 400 million people, Paolo Ardoino calls it part of a stablecoin multiverse that is only getting started.
Tether’s ( USDT ) user base has exceeded 400 million, growing by 50 million since October 2024, CEO Paolo Ardoino announced in a March 27 post on X , predicting it could reach 1 billion soon.
A new era begins : the stablecoin multiverse. Hundreds of companies and governments are launching (or will soon) their stablecoins. I'm very proud to see such massive adoption of a technology that Tether created back in 2014 🙏 Good luck everyone ♥️
Tether, the largest stablecoin issuer with USDT’s market capitalization exceeding $144.1 billion, continues expanding across emerging markets and multiple blockchains, what Ardoino described as part of a broader trend, calling it “the stablecoin multiverse” and noting that “hundreds of companies and governments are launching (or will soon) their stablecoins.”
The Tether CEO attributed the company’s growth to its focus on grassroots adoption, suggesting the company has taken a different approach from traditional financial institutions.
“We always focused on the adoption from the ground up, working in the streets, among other people, while traditional finance was watching at us from their ivory towers.”
Paolo Ardoino
Ardoino didn’t provide details on how Tether calculated its user estimates or how soon the company expects to reach the 1 billion mark. However, the stablecoin issuer has seen its expansion growing rapidly, particularly across networks like TRON, Ethereum, and other chains.
In October 2024, Tether reported 350 million users, suggesting that the latest figure represents an approximate 14% increase in less than six months. Still, competition in the stablecoin market is heating up, with Tether’s main rival Circle continuing to strengthen its presence in Asia.
Meanwhile, Tether is focusing on diversifying its investment portfolio. As crypto.news reported earlier, the stablecoin issuer is preparing to acquire a 30% stake in Be Water, a broadcast media company based in Rome, Italy.
French Blockchain Giant Buys 580 BTC for €47.3M to Boost Crypto Holdings
The Blockchain Group, a French blockchain company, has just made a bold move to expand its Bitcoin holdings. On March 26, the company announced the purchase of 580 BTC for around €47.3 million ($50.8 million), bringing its total reserves to 620 BTC. This is a clear signal of the company’s deep commitment to Bitcoin as a long-term strategy. But what’s driving this shift? And how does it fit into the bigger picture of corporations embracing Bitcoin? Let’s dive into the details.
Acquisition Details
The acquisition was made through The Blockchain Group Luxembourg SA, a fully owned subsidiary, using funds raised from a convertible bond issuance first announced on March 6, 2025. With this addition, the company’s total Bitcoin holdings are now valued at approximately €50.5 million.
The purchase was carried out through Swissquote Bank Europe SA, a regulated virtual asset provider in Luxembourg, while custody services were handled by Taurus, a Swiss digital infrastructure firm. This move aligns with The Blockchain Group’s broader strategy of transforming into a Bitcoin Treasury Company, a shift it began in November 2024.
New Bitcoin-Based Performance Metrics
As part of its transition, the company has introduced new financial metrics to track its Bitcoin growth. These include:
BTC Yield, which measures Bitcoin earnings over time
BTC Gain, which tracks net Bitcoin accumulation
BTC € Gain, which calculates Bitcoin-related profits in euros
So far in 2025, the company has achieved a BTC Yield of 709.8 percent, adding 283.9 BTC and securing a €23.15 million gain. This marks a shift away from traditional financial metrics and emphasizes Bitcoin-focused performance.
Recognition from Industry Leaders
The Blockchain Group’s strategy mirrors that of MicroStrategy, now rebranded as Strategy, which has pioneered the use of BTC Yield and BTC Gain to measure the success of its Bitcoin investments.
Michael Saylor, co-founder of Strategy and a well-known Bitcoin advocate, praised The Blockchain Group’s approach, saying, “BTC Yield, BTC Gain, and BTC € Gain have arrived in France.”
In response, CEO Xavier Laizet expressed gratitude for Saylor’s leadership in the space and acknowledged the influence of key figures such as Dylan LeClair and Gerovich in shaping Bitcoin-based corporate strategies.
New Highs Ahead for Bitcoin?
On Thursday, March 26, Bitcoin rebounded to $87,600 after briefly dropping to $85,900 as investors took profits. The cryptocurrency remains steady above $85,500, with analysts suggesting it could soon break past the $88,000 resistance level.
Meanwhile, Bitcoin ETFs continue to see strong investment inflows, with $27 million added in the past eight days, showing growing institutional confidence in Bitcoin as a long-term asset.
Alankar Saxena, CTO of Mudrex, believes that if Bitcoin reaches $90,000, it could trigger liquidations that push the price even higher. He identifies $89,500 as the next key resistance level to watch.
Bitcoin’s march continues, companies are loading up, and price targets are stretching into six figures. If this is just the warm-up, the main event could be something historic.
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Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?
Bitcoin (BTC) continues to t
Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?
Bitcoin (BTC) continues to trade below the psychological $90,000 level, with its price standing at $82,346. This marks a 24.3% drop from its all-time high above $109,000 recorded in January. Despite this downward trend, new on-chain data suggests that a surge of high-net-worth investors, or “new whales,” has been accumulating BTC aggressively, which could have significant implications for the market’s trajectory. According to CryptoQuant analyst onchained, a distinct group of Bitcoin holders with at least 1,000 BTC—acquired within the past six months—has been actively accumulating. This trend, which started in November 2024, has accelerated significantly in recent weeks, with these new whales amassing over 1 million BTC in total and adding more than 200,000 BTC just this month alone. Related Reading: Bitcoin’s .
GameStop Buys Bitcoin With $1B Convertible Senior Notes
GameStop's stock (GME) fell more than 8% in after-hours trading on Wednesday after the company announced it would issue convertible senior notes to raise $1.3 billion to invest in Bitcoin (BTC).
The day before, GameStop shares rose almost 12% after the firm announced that its board had unanimously adopted an investment policy update classifying Bitcoin as a treasury reserve asset.
GameStop to Buy Bitcoin
GameStop's Bitcoin investment follows its previous cryptocurrency explorations. About a month ago, reports circulated that the corporation was investigating digital currency bets.
GameStop CEO Ryan Cohen posted a selfie with Strategy (MSTR) CEO Michael Saylor on February 8, stoking speculation. MSTR has over 447,000 BTC tokens.
Saylor's heavy Bitcoin investment has paid off, with MicroStrategy's shares soaring 84% in the last year along with Bitcoin values. Wall Street experts doubt GameStop can match this accomplishment.
Skepticism from Wall Street Experts
“The company’s strategy, which has changed about six times in three years, is they’ll buy cryptocurrency and be like MicroStrategy,” said Wedbush analyst Michael Pachter.
This technique seems ineffective, Pachter said, especially because Strategy trades at two times its Bitcoin holdings. Pachter said, “If GameStop were to buy all Bitcoin with their $4.6 billion in cash and trade at two times their Bitcoin holdings, the stock would drop five bucks.”
GameStop published its fourth-quarter profits after the market closed on Tuesday, showing $1.28 billion in net revenue, down 28% from last year.
The firm reported $36.1 million in adjusted EBITDA for the entire fiscal year, down from $64.7 million.
$BTC
SIX 社群媒體數據
過去 24 小時,SIX 社群媒體情緒分數是 3,社群媒體上對 SIX 價格走勢偏向 看漲。SIX 社群媒體得分是 0,在所有加密貨幣中排名第 1193。
根據 LunarCrush 統計,過去 24 小時,社群媒體共提及加密貨幣 1,058,120 次,其中 SIX 被提及次數佔比 0%,在所有加密貨幣中排名第 1200。
過去 24 小時,共有 17 個獨立用戶談論了 SIX,總共提及 SIX 1 次,然而,與前一天相比,獨立用戶數 增加 了 42%,總提及次數減少。
Twitter 上,過去 24 小時共有 0 篇推文提及 SIX,其中 0% 看漲 SIX,0% 篇推文看跌 SIX,而 100% 則對 SIX 保持中立。
在 Reddit 上,最近 24 小時共有 1 篇貼文提到了 SIX,相比之前 24 小時總提及次數 減少 了 0%。
社群媒體資訊概況
3