Tether CEO Says USDT Will Keep the US Dollar Dominant

On the run way past year, Donald Trump reiterated the value of ensuring the dollar remained the satellite currency. In caller years, its presumption arsenic a planetary reserve plus was threatened by a increasing de-dollarization movement. Now, stablecoins whitethorn beryllium playing a relation successful ensuring that status. Indeed, Tether CEO Paolo Ardoino has said that USDT volition play a relation successful keeping the US dollar dominant.

Speaking astatine the Cantor Fitzgerald Global Technology Conference this week, Ardoino said the stablecoin is the “most important state for the US.” Specifically, it is captious to the ongoing telephone to guarantee the greenback doesn’t suffer its presumption connected the satellite stage.

Source: Portal bash Bitcoin

Also Read: Currency: US Dollar Having the Worst Year Since 2008

Tether CEO Calls USDT the US Dollar’s Most Important Ally

In aboriginal 2025, the United States and BRICS economical confederation continued to look disconnected successful a increasing conflict for geopolitical dominance. A cardinal portion of that has been the US dollar and President Donald Trump’s anticipation successful ensuring its presumption arsenic a planetary reserve asset.

The plus has faced accrued scrutiny arsenic nations person sought to beforehand the usage of autochthonal currencies. One plus that could play a relation successful ensuring that does not proceed is stablecoins. Tether CEO Paolo Ardoino precocious said that USDT tin play a cardinal relation successful ensuring the US dollar’s dominance.

Source: Watcher Guru

Also Read: Tether’s USDT Officially Recognized by Thailand’s Regulator

Adoino said that Tether is liable for the instauration of the full stablecoin industry. Specifically, helium noted the 13% idiosyncratic maturation that took spot past quarter, starring to much than 400 cardinal users worldwide.

“Is it due to the fact that we are greater successful marketing? Is it due to the fact that we are fantastic? No. The crushed wherefore the maturation is truthful accelerated is that, if you spell extracurricular the US, halt 1,000 radical successful the streets, and inquire them if they would similar to clasp the US dollar oregon would they similar to clasp their nationalist currency, each azygous 1 of them volition say, ‘I similar to clasp the dollar.'”

Ardoino added that Tether holds $113 cardinal successful US treasuries. It presently is the 19th largest US indebtedness holder, up of astir countries. That presumption ensures that USDT and Ardoino volition beryllium a captious facet of the pursuit to support the greenback’s lasting arsenic the apical plus successful the world.