| Tether is making a move in the U.S. stablecoin market, launching a new digital dollar called USAT. CEO Paolo Ardoino said the expansion positions the company for a potential $500 billion valuation. Speaking in San Salvador, Ardoino emphasized that Tether aims to play a larger role if traditional financial systems face stress. βWe have this huge financial arm, and we can really create a positive impact,β he said, highlighting the firmβs $10 billion profit in 2025 and $122 billion held in U.S. Treasuries. Tether is also expanding beyond stablecoins into crypto infrastructure, AI, energy, and media [link] [comments] |
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