Why Stablecoins Are The US Dollar’s Overlooked Advantage

Tether CEO Paolo Ardoino has emphasized the critical role of USDT (CRYPT: USDT) in providing dollar access to emerging markets, highlighting Tether’s growing impact in purchasing U.S. government debt.

What Happened: “We created the first stablecoin in 2014, and it’s an honor to think that after 11 years, the most powerful country in the world is now going to craft a law on a technology that we created,” Ardoino told crypto analyst Scott Melker in a podcast published on Sunday.

The CEO described his meetings with U.S. lawmakers as surprisingly positive, noting they were “very …

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