Tether’s growth fueled by global demand for U.S. dollars

The CEO of Tether, Paolo Ardoino, shared his thoughts in the future of Stablecoins and the impact of the new legislation of the White House.

Ardoino said Thursday in a Bloomberg television interview that the Trump administration recently offered Stablecoin invoice Can provide regulatory clarity and benefit from the role of digital American dollars.

“This bill would unlock a lot of clarity on the role of Stablecoin for the future of the US dollar and how we must be managed very safe and serious,” said Ardoino.

He stressed that Attachment Growth has been remarkable, especially in emerging markets and developing countries, where the company sees around 40 million new portfolios added each quarter.

Partnership with Cantor Fitzgerald

Ardoino also discussed Tether’s strategic partnership with Cantor Fitzgerald.

“Our relationship with Cantor is strong and we are grateful to the fact that they have integrated us,” he said.

He explained that Cantor had proceeded with a reasonable in -depth diligence on Tether before deciding to allow them to take care of cash invoices.

“The administration prior to the United States just tried to kill the crypto,” added Ardodino, stressing the importance of Cantor’s confidence and partnership. This relationship strengthens TETH’s credibility within the traditional financial sector, signaling a change towards a broader acceptance of stablescoins in consumer finance.

Why the attachment is not based in the United States

When asked why Tether is not based in the United States, Ardodino highlighted the global demand for US dollars.

“If you get out of the United States and do a dozen people on the street and ask them:” Do you prefer to hold the US dollar or your national currency? ” They will all choose the dollar, “he said.

He also explained that there are 3 billion people “not having access to traditional systems” and are “desperate” to have easy access to the dollar. Tether has positioned himself strategically to respond to this request, contributing to the strength of the dollar abroad while providing financial solutions to poorly served populations.

Stablecoins and global influence

Ardoino also discussed the geopolitical importance of stablecoins and its positive impact on the greenback.

“We are building infrastructure on emerging markets, and I think these are the last bastions of support for the US dollar,” he noted.

This reflects Tether’s strategic positioning to strengthen the global presence of the dollar while taking on financial accessibility challenges in the poorly served markets.

Ardoino’s ideas underline the central role of Tether in the evolution of the financial landscape, where stablecoins are ready to fill the gaps between traditional and digital economies.