USDT: The Pillar of US Dollar Dominance

Paolo Ardoino, the CEO of Tether, emphasized that USDT is the most effective tool for maintaining the dominance of the US dollar. He noted that over 400 million people hold USDT, with 35 million new wallets being added each quarter. Ardoino mentioned in a post on X (formerly Twitter) that Tether has developed the most extensive physical and digital distribution network in developing countries over the past decade. He stated that as the 18th largest holder of U.S. Treasury securities, any attack on Tether could be viewed as an attack on the sovereignty of the US dollar.