Tether CEO Paolo Ardoino Says USDT Use Is Rising in Developing Countries
Tether CEO Paolo Ardoino says USDT use is expanding across developing markets as businesses and consumers seek dollar alternatives.
Tether CEO Paolo Ardoino says USDT use is expanding across developing markets as businesses and consumers seek dollar alternatives.
Tether said XAU₮ holdings rose 9.5% in Q2 2026 despite a 14.1% drop in gold prices, with every token remaining fully backed by physical gold.
Tether posted $1.5B Q2 operating profit as USDT supply hit a record $184.6B, with reserves exceeding liabilities by $4.11B.
Tether partners with the Nairobi Securities Exchange to explore blockchain, tokenization, and digital asset education in Kenya.
Tether has until July 18, 2028, to meet GENIUS Act requirements or risk USDT losing eligibility on U.S. exchanges.
Tether backed Pact Labs with $7 million to expand USAT across payroll, wage access, payments, and financial services.
Bolivia is reviewing USDT integration into its national payment system as stablecoin adoption grows during a prolonged dollar shortage.
Hyundai completed a cross-border treasury pilot using Tether's USDT on Avalanche, testing faster enterprise fund transfers.
Tether burned $2.5 billion in USDT on Ethereum as Binance's Tron-based USDT balance fell to its lowest level since December 2025.
Tether invested $20 million in Mercado Bitcoin to expand regulated blockchain financial services across Brazil and international markets.
Tether-Backed Oobit integrates USDT with Brazil’s PIX network, enabling stablecoin transfers between self-custody wallets and bank accounts.
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