Tether CEO: USDT's Critical Role in Increasing US Dollar Demand Amid Economic Instability.

Tether CEO Paolo Ardoino, in a post on X, emphasized the critical role of Dollar-backed stablecoins such as USDT in the US economy. Ardoino stated that USDT is an important tool in increasing the demand for US Dollars on a global scale and is of great importance in a period of economic instability.

USDT as Protection Against Inflation and Currency Depreciation

Ardoino explained that USDT being backed by the US Dollar offers a stable investment tool for those who want to avoid the traps of inflation and currency depreciation. By keeping its value pegged to the Dollar, #USDT provides a reliable hedge for investors seeking consistency amid economic fluctuations.

Tether CEO emphasized the huge impact of USDT, citing a Wall Street Journal article discussing USDT's impact on American public debt. With over 300 million users worldwide, USDT is becoming synonymous with the term “digital dollar”.

Ardoino stated that Tether is now among the top three global buyers of short-term US Treasury bills and in the top 20 worldwide. This purchasing power reflects Tether's increasing influence in the global financial ecosystem and its ability to influence economic trends.

In a related discussion, Ardoino highlighted that among more than 14,000 digital assets, Bitcoin stands out as the only truly decentralized cryptocurrency. “#Bitcoin is the only example of an immutable currency governed entirely by mathematics,” he said.

Ardoino's predictions reveal the growing importance of USDT on both the local and global economic scene. Investors benefit from its stability and inflation protection properties, while its significant presence in US Treasury bonds reinforces Tether's global financial influence. Moreover, these statements, which underline the difference between Bitcoin and other cryptocurrencies, reaffirm the qualities that make #Bitcoin stand out as a decentralized financial instrument.