Tether CEO Paolo Ardoino states that USDT is contributing to the expansion of U.S. dollar dominance worldwide.
Ardoino refers to Tether as a stronghold of dollar hegemony, pointing out its increasing presence in emerging markets and digital economies.
Tether holds more U.S. Treasuries than certain countries like Germany and Spain, ranking as the 18th largest holder globally.
With a market cap of $152 billion, USDT has gained significant trust as one of the top stablecoins globally, with an emphasis on transparency and audits.