When a stablecoin issuer starts calling itself “the best ally for the United States,” you pay attention. When it backs that claim with 500M users, $135B in Treasuries and $13B in yearly profits with a 99% profit margin, you listen harder.
Most people still think Tether is just a stablecoin company. That’s wrong.
At Cantor’s Crypto & AI/Energy Infrastructure conference in Miami this week, Tether’s CEO, Paolo Ardoino, painted a picture of a company evolving far beyond its stablecoin origins. Tether is building what might become the most important digital infrastructure company of the decade, spanning finance, energy, communications, and AI for the 1.4-3B unbanked people in emerging markets:
“We’re not just exporting dollars. We’re exporting resilience. […] We are bringing forward the concept of the US for hegemony... we are protecting the USA... We are making the dollar so rooted in all the wallets in all the businesses in all these emerging markets... in a way that cannot be eradicated.”
— Paolo Ardoino, CEO, Tether
Tether is quietly becoming one of the most powerful companies in crypto and beyond. And you should pay attention.
In his first U.S. conference appearance, Tether CEO Paolo Ardoino unveiled a sweeping strategy to reframe the company from a crypto utility to a global infrastructure provider. He described Tether not as a fintech company, but as:
