Tether CEO Highlights USDT’s Role in Supporting US Dollar Hegemony
- USDT is held by over 400 million people globally.
- The number of USDT wallets is increasing by 35 million per quarter.
- Tether has established a wide distribution network in Africa and South America.
- Tether is the 18th largest holder of US treasuries.
- CEO Paolo Ardoino claims competitors aim to undermine Tether’s position.
Paolo Ardoino, CEO of Tether, asserts that USDT plays a crucial role in maintaining the dominance of the US dollar. With over 400 million users and rapid growth in wallet numbers, Tether has built an extensive distribution network. Despite facing competitive challenges, it remains a significant holder of US treasuries.
Source (2.6)https://dailyhodl.com/2025/02/25/tether-ceo-paolo-ardoino-says-usdt-is-the-most-successful-tool-for-us-dollar-hegemony/?rand=59076