TETHER REACHES 500M USERS AS SUPPLY NEARS $182B

Summary from the TLDR Crypto newsletter

USDT has passed 500 million users, and now has a total supply of nearly $182 billion, more than double Circle's $75B USDC. Tether is also reportedly seeking to raise $20 billion at a $500B valuation, which would place it among the world's most valuable private companies, ahead of its planned USAT stablecoin launch for US users later this year.