USDT has 58% market share with a market cap of $169 billion. USAT is the final blow. there is no second best. @paoloardoino and team are absolutely cooking.
Thank you, @realDonaldTrump, for your bold leadership. Only with a unified effort that cuts off the revenues funding Putin’s war machine at the source will we be able to apply sufficient economic pressure to end the senseless killing.
After 11 years of major success abroad with $USDT, Tether has brought the digital dollar to 477M+ people across emerging markets.
Now, Tether is bringing it home with $USAT, built for the USA 🇺🇸, one of the world’s top blockchain nations.
@paoloardoino@BoHines
Behold the peak Italian male: Roman legionary phenotype, Mediterranean swagger, heavily tanned, wears a cross, bares his chest, expressive hand gestures, casually racist, smells like garlic, oozes testosterone.
🇺🇸 EXCLUSIVE: Tether's Paolo Ardoino explains the dual role of USDT and USA₮
“USDT has become the digital dollar for emerging markets, serving nearly 500 million people across Africa, Latin America, and Southeast Asia. It was built for the unbanked and underserved in developing regions.
By contrast, USA₮ is designed for the U.S.—branded for the U.S. market, aligned with domestic regulations, and built to expand financial access to communities still underserved in America.
Bo Hines quit as Executive Director of the White House Crypto Council… only to be named CEO of Tether U.S. 🇺🇸
In DC, people don’t just “walk away.” They walk away when they know what’s coming.
Feels like he’s positioning himself ahead of the biggest Bitcoin and stablecoin policy shift we’ve ever seen.
Tether is coming to America.
Few companies worldwide are as strategically aligned with U.S. interests as @tether. Already the 18th largest holder of U.S. Treasuries - and growing massively every day - Tether is bringing the U.S. dollar, in its digital 21st-century form, to every corner of the world.
Congratulations to @paoloardoino and @BoHines on this massive milestone.
I’m proud that with @PlasmaFDN we’re building the infrastructure powering Tether’s future growth and success.
The U.S., Tether, and Plasma are winning TogETHER!
https://t.co/TnoeHLdtwF
Some wild stats from the Tether’s America launch event:
•35% of USDT held by savers in high-inflation countries
•More transactions than Visa
•18th largest holder of US Treasuries
•30M new users in Q2
•17M USDT transfers/day
•275+ law enforcement partnerships
👉 Decentralizes US debt, bolsters dollar dominance, a force against de-dollarization.
Tether is leading stablecoins into a new era of U.S. finance. With @Paoloardoino driving unmatched innovation and @usat launching with @BoHines, the stage is set to redefine stablecoins worldwide.
The world’s greatest stablecoin company is coming to the world’s greatest economy.
@tether is continuing to prove that their vision for stablecoins is ahead of the curve, and I am so proud that @Official_Cantor is continuing to support their development as a founding partner and designated and preferred reserve custodian for @usat. @Paoloardoino never ceases to amaze me.
USAT has unlimited potential and is joined by the best partners: @BoHines, @Anchorage, @nathanmccauley.
Couldn't be more excited.
Thank you to everyone who joined us at the NYC launch of USA₮ 🇺🇸
The future of digital dollars starts here.
Follow @usat for updates as we prepare to bring USA₮ to the United States.