CEO Tether: “In 50 Years, USDT Will No Longer Be Needed; The Best Money Is Bitcoin”

In a recent interview with Simply Bitcoin, Paolo Ardoino, CEO of Tether, shared his insights on the future trajectory of stablecoins and Bitcoin. As he elaborated on the transformation within Tether and its strategic direction towards adopting Bitcoin as a global currency, he postulated that stablecoins like USDT are merely interim solutions. According to Ardoino, these digital assets serve as bridges facilitating easier dollar transfers but lack the enduring qualities of an ideal monetary system embodied by Bitcoin.

The Role of Stablecoins and GENIUS Act in the U.S. Market

Ardoino highlighted the significance of regulatory frameworks such as the GENIUS Act in shaping stablecoin competition within the United States. This legislative development has provided a structured template for stablecoin issuance, sparking competitive dynamics that are deemed beneficial for market evolution.
The pandemic catalyzed a surge in USDT usage, especially across Latin America and Asia, where users recognized its utility as a secure digital storage for dollars. Today, USDT operates as a macroeconomic tool reinforcing dollar dominance worldwide.

Financial Milestones: Zero Fees to Record Profits

Tether’s financial model stands out due to its zero transaction fees policy. Coupled with rising U.S. Treasury rates, this approach has propelled Tether to become one of the most profitable companies per employee globally. Recent reports indicate staggering profits reaching $10 billion for Q3 2025 alone.
The company’s balance sheet reflects over 120,000 BTC holdings with profits being converted into Bitcoin and gold — an indication of diversified asset strategy aimed at stability amidst market fluctuations.

Global Expansion: Infrastructure Development and Strategic Investments

Tether is actively enhancing its infrastructure and presence across various markets:
– Launching USAT — a new stablecoin integrated into Rumble’s wallet.
– Developing an open-source Wallet Development Kit (WDK) geared towards mobile platforms.
– Investing in Africa via Kotani Pay to promote financial inclusion.
– Expanding USDT scale in Latin America through Parfin investments.
– Engaging in bitcoin-backed loans via Ledn partnerships.
– Planning substantial investment rounds like $1.16 billion for Neura Robotics.
In addition to these efforts, Tether is advancing artificial intelligence infrastructure by launching platforms such as QVAC while also securing GPU resources through alliances with Rumble and Northern Data.
Ardoino emphasized that self-custody solutions will be pivotal for widespread cryptocurrency adoption in developed countries like the U.S., whereas instruments like USDT remain vital survival tools in developing regions facing economic instability.
As part of their continued commitment to growth and innovation within the crypto space, Tether recently expanded their cryptocurrency portfolio by acquiring 8888 BTC at an expenditure exceeding $1 billion — further strengthening their position amidst evolving market landscapes.