Tether CEO: “USDT provides stability for billions of people”
- With a market capitalization of $175 billion, Tether's dollar stablecoin USDT is the clear number 1 worldwide. According to CEO Paolo Ardoino, there are now 477 million USDT users – almost 6 percent of the world's population.
- However, the potential is far from exhausted. At Token2049 in Singapore, Ardoino explained that USDT could bring “stability for billions of people” in the long term. Emerging markets, in particular, are particularly attractive for Tether.
- The success of the stablecoin leader is primarily due to the self-imposed monetary policies of the respective central banks. High inflation rates in countries like Argentina and Turkey make USDT an attractive alternative.
- “With blockchain and stablecoins, we're bringing money back to peer-to-peer,” says the Tether CEO, outlining his company's long-term mission. Remittance payments, which are often expensive, can already be processed cost-effectively using dollar stablecoins.
- Tether not only stores short-term US Treasury bonds in its own vaults, but also “more than 10,000” Bitcoin. This makes the stablecoin issuer one of the largest BTC holders among non-listed companies.
- With only about 200 employees, it generated profits of $4.9 billion in the second quarter of 2025. This makes Tether a contender for the title of the world's most profitable company.
