According to Odaily Planet Daily, Tether CEO Paolo Ardoino said that USDT may have started out as a cryptocurrency, but now it is the most used digital dollar in the world. USDT not only focuses on the crypto market, but also provides a lifeline as an alternative to volatile national currencies in countries such as Argentina and Turkey. USDT works better outside the United States because these markets cannot afford to pay $5 or $6 per transaction on Ethereum or other chains. Ardoino also discussed another angle where stablecoins intersect with geopolitics: Treasury bills. These debts support USDT, which holders can easily convert into US dollars, and interest payments will also flow into Tether's treasury. He added that USDT and Tether are the best friends of the US dollar.