The stabilizer, Tether, earned $13 billion over the past year, which exceeds well-known financial institutions such as Goldman Sachs and may have generated the highest returns for each employee. Despite the fact that formal approval has not yet been obtained from the United States Financial Regulatory Authority or that it has established a presence in Washington, Tether is working to integrate the dollar more deeply into the global economy through its US$-supported Stable Currency USDT.
The CEO Paolo Ardoino of Tether states: “We are front-line fighters who are building the largest physical and digital distribution network ever to support the dollar.” The USDT was designed to maintain a one-to-one link to the United States dollar, as cash in the form of digital currency, which is widely used for funds transfers, hedge fluctuations and settlement transactions between encrypted money dealers.
With the acquisition of Bridge by the mainstream payment giant Stripe, the stabilization currency began to enter the mainstream market, particularly in emerging markets, where USDT was used as a means of remittances and in search of stability in inflation, sanctions or political instability. Tether ' s dollar-stable currency accounts for more than 60 per cent of the market share of the stable currency, with more than $140 billion in circulation.
Despite the uncertainty associated with a series of tariff policies implemented by the Trump Government, Tether appreciated the role of the dollar in the global economy. According to Ardoino, the biggest threat was the digital currency supported by gold, particularly China ' s infrastructure projects in Africa and other emerging markets, which demonstrated the country ' s ambition to replace United States influence.
“That is why the current government needs to support the dollar to stabilize,” he said, “The outside world is already difficult and we need support from the United States.”