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Tether CEO: “Bitcoin Is the Ultimate Social Network”

  • Tether's CEO highlighted the significant growth in user base and market cap, reaching 100 million users and nearly $60 billion by the end of 2020.
  • Tether now has over 420 million users, mainly in emerging markets, with 30 million new wallets added quarterly due to the demand for dollar-backed digital assets.
  • Ardoino mentioned that money acts as a social connector, but believes Bitcoin serves as the true social network, connecting people, ideas, and value globally.
  • The narrative in the crypto space is shifting towards viewing digital assets as infrastructure for global human interaction, with Tether's growth potentially redefining financial connectivity.

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