Tether CEO Paolo Ardoino says USDT will help the US dollar successfully maintain the global financial power structure.
In a new post on Social Media Platform X, Ardoino argues for the reason why USDT is the “most successful tool” in the US dollar.
“Tether is the largest physical and digital distribution network over the past decade, from thousands of kiosks in Africa and South America to digital remittance platforms, from payment backbone to institutional tools.
Our team and portfolio companies are wearing boots in many regions in developing countries every day, and helping the community, using USDT, increasing trust and education, and reflecting the US economy. ”
Ardoino points out that USDT is owned by more than 400 million people and is growing into 35 million new wallets per quarter, or 140 million new wallets every year. He also says USDT is particularly good in developing countries.
Ardoino says Tether’s success is the target price of the back.
“The business model of a competitor is to build a better product and a larger distribution network, but their true intention is Killeder.
All single projects or political meetings that end with this intention.
It may seem like an exaggerated expression, but it is true and hundreds of people inside and outside the digital asset industry who are in contact with the US administration are reporting independently. ”
The CEO has attacked the competitor’s attack on the Stablecoin company with an attack on the US dollar’s sovereignty. And according to Ardoino, Tether is the 18th largest US dollar holder, depending on the US Treasury.
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Created image: Midjourney