Tether CEO Declares USDT a Pillar of U.S. Dollar Dominance

Tether CEO Paolo Ardoino recently emphasized USDT’s growing global influence during a Friday appearance on CNBC, calling the stablecoin a “stronghold” for U.S. dollar hegemony. He noted that Tether’s innovation in digital currency extends beyond financial inclusion, stating, “We are spreading the U.S. dollar hegemony. I think we are the stronghold.”

Ardoino highlighted Tether’s expanding financial footprint, claiming that the company now holds more U.S. Treasuries than countries like Germany, Spain, and Australia. “If we were a nation, we would be the 18th largest holder of U.S. Treasuries,” he said, underscoring USDT’s role in reinforcing dollar-based liquidity globally.

As of now, Tether’s USDT has a market capitalization of $152 billion, according to CoinGecko, making it the most widely adopted stablecoin in the world. Despite ongoing questions about transparency, Ardoino pointed to Tether’s regular quarterly attestations, conducted by BDO, the world’s fifth-largest auditing firm.

He acknowledged that top-tier auditors like PwC, Deloitte, EY, and KPMG remain cautious due to regulatory uncertainties and the evolving crypto landscape—what he described as the lingering effects of “Operation Chokepoint 2.0.” However, he reaffirmed that securing a “Big Four” auditor remains a top priority for the company as it continues engaging in discussions with them.

Ardoino’s comments underscore Tether’s strategic position not just as a stablecoin provider, but as a financial entity boosting U.S. dollar influence across decentralized markets. As regulatory and institutional barriers continue to shift, Tether is pushing to lead in transparency, stability, and monetary influence in the digital asset ecosystem.