Tether USD (USDT), the world's largest stablecoin, is primarily aimed at helping people in inflation-hit economies preserve their purchasing power, says Tether CEO Paolo Ardoino. In an interview with Cointelegraph, Ardoino explained that USDT is a tool for the unbanked population who are overlooked by traditional banking. He cited Argentina, where the national currency has lost 98% of its value against the dollar, as an example of where USDT can provide stability. Tether, with a market cap of over $109 billion, has found its niche in serving those needing access to financial services and the US dollar, unlike other stablecoin issuers who target the legacy banking industry.