Tether CEO Paolo Ardoino has highlighted the importance of the USDT stablecoin as a pillar for preserving the dollar's ​​supremacy in the global economic landscape.

CEO Paolo Ardoino Explains How USDT Stablecoin Is a Pillar for Preserving the Dollar's Supremacy

Tether CEO Paolo Ardoino has emphasized the pivotal role of the USDT stablecoin in preserving the dollar’s supremacy in the global economic landscape. Presenting at the Cantor Fitzgerald Global Technology Conference on March 12, Ardoino argued that Tether is the “most important ally of the United States” in maintaining the dollar’s leadership.

During the event, Ardoino also touched upon the influence of successful business models, such as those of Strategy and Tether itself, on the cryptocurrency market, describing them as “very profitable and interesting.”

According to him, Tether USD (USDT) was fundamental to the emergence and stabilization of the stablecoin market, directly contributing to the company’s impressive growth. This growth was highlighted by a 13% increase in the number of users last quarter, reaching the mark of 400 million global users.

“Is it because we’re great at marketing? Is it because we’re fantastic? No. The reason the growth is so fast is that if you go outside the U.S. and stop 1.000 people on the street and ask them if they’d rather hold the U.S. dollar or if they’d rather hold their national currency, every single one of them will say, ‘I’d rather hold the dollar,’” Ardoino explained.

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CEO of @Tether_to, @paoloardoino, speak at Cantor's Global Tech Conference. #CantorTechhttps://t.co/2z8d46WDMG

— Singer (@Official_Cantor) March 12, 2025

In a context of increasing global monetary competition, especially with the BRICS countries moving towards launching a gold-backed currency, Ardoino further highlighted Tether’s strategic position.

Pointing out that the company holds $113 billion in U.S. Treasuries, he stated that Tether ranks as the 19th largest holder of U.S. debt, outperforming most countries.

Ardoino again highlighted the crucial role of USDT in maintaining dollar dominance at the Bitcoin Policy Institute’s “Bitcoin for America” event.

“They [BRICS] will eventually announce a gold-backed currency, and when they build all the infrastructure in emerging markets, when they build roads, when they build everything you can imagine, it will be very easy to push a new currency. […] And the point is: there is only Tether in these countries to push forward the dollar hegemony.”