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Tether CEO Says USDT Expands US Dollar Dominance Globally

  • 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.

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