Recently, leading global blockchain analytics platform Token Terminal released a report indicating that the supply of Tether (USDT) on the Celo Chain is experiencing substantial growth, nearing the $200 million milestone. This signifies an increased influence of the blockchain in the stablecoin sector. Particularly noteworthy is the staggering 85.4% increase in the supply of USDT on the Celo Chain over the past 30 days, which not only reflects the market's confidence in the Celo ecosystem but also indicates the ongoing demand for stablecoins from investors. As more users and developers join the Celo network, it is anticipated that the platform's position in the cryptocurrency market will become even stronger in the future.