Paolo Ardoino, the CEO of Tether, attributed practically 40% of all blockchain fuel charges to transactions sending USDT. He identified that tons of of thousands and thousands of customers on ETH, Arbitrum, BSC, Solana, Polygon, TON, Avalanche, and Tron used USDT every day.
Ardoino asserted that the Tether digital greenback (USDt) protected households in rising economies towards native inflation and nationwide foreign money devaluation. He added that blockchains specializing in “decrease fuel charges” paid in USDT would “take over the world.”
Nevertheless, Ardoino defined that Tether was not trying to go public, even after increasing within the U.S. He stated the corporate will stay targeted on rising markets the place it had a bonus over its rivals. The Tether boss boasted that his firm had carried out “extremely effectively” in rising markets for over a decade. He stated Tether had higher expertise and understanding of this market section “than anybody else.”
Ardoino disclosed that his firm would supply an environment friendly stablecoin for interbank settlements, funds, and buying and selling as a part of its “U.S. home technique.” Tether will even deal with U.S. institutional markets after the landmark Genius Act crypto laws was handed. Ardoino claimed that Tether had about $162B value of USDT in circulation, a rise of 18% because the starting of 2025.
Ardoino says achievement is a press release of USDT’s utility
40% of all blockchain charges are paid to ship USDt 🤯
That is throughout 9 chains: ETH, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon & Optimism.A whole lot of thousands and thousands of individuals in rising markets use Tether’s digital greenback USDt every day, to guard their households from native… pic.twitter.com/glAFR38u5Z
— Paolo Ardoino 🤖 (@paoloardoino) August 5, 2025
Ardoino stated Tether’s achievement of 40% fuel charges market share was “a press release of USDT’s utility” for numerous customers in growing nations and rising markets. He beforehand claimed that over 400 million individuals throughout the globe used USDT.
Using USDT additionally elevated quarterly by 35 million wallets. The U.S. Treasury Division’s statistics confirmed that Tether held over $127 billion in U.S. treasuries as of the second quarter of 2025. The holdings in contrast it to sovereign nations like Germany, South Korea, and the UAE.
Bernstein analysts anticipate USDT to proceed dominating with a 65% share of the stablecoins market. In addition they claimed that stablecoins would quickly evolve from the “cash rail of crypto markets” to the “cash rail of the web.”
The analysts imagine the stablecoin market cap will develop 16x to over $4 trillion within the subsequent ten years, up from the present $249 billion. They stated this “transformative development” can be pushed by the intensive use of crypto in funds by stablecoin-native monetary providers and tokenized capital markets.
In line with the GasFeesNow platform, sending USDt on Ethereum prices $0.5619, $0.0021 on BNB, $0.0002 in Polygon, and $3.94 to $8.01 on Tron. It additionally prices $0.0427 to ship USDT on Ton, $0.001 to $0.1 on Solana, $0.0001 on Aptos, $0.0006 on Avalanche, and $0.0062 on Polkadot. Nevertheless, the platform disclosed that estimating fuel charges for the Tron community was a bit tough.
Tether plans to launch a brand new stablecoin
Ardoino stated in early April that Tether was contemplating growing a brand new stablecoin that might adjust to pending U.S. stablecoin legal guidelines. He identified that his firm had no drawback with the USDT being banned within the U.S. as a result of regulatory restrictions. The Tether CEO claimed {that a} new stablecoin would assist circumvent the continuing regulatory points.
Nevertheless, Ardoino clarified that his firm had “the best stage of compliance” concerning cooperation with regulators. He acknowledged that the theories and rumors about Tether staying out of the U.S. market as a result of regulatory points had been simply competitor desperation. The Tether boss stated his firm didn’t have any points with the pending stablecoin laws in the US.
“We imagine that our fundamental stablecoin is perfected for rising markets, however we will craft a fee stablecoin that works for the U.S….We have to have two merchandise with two completely different worth propositions.”
–Paolo Ardoino, CEO of Tether
The Tether CEO was optimistic that the USDT would stay listed on secondary markets within the U.S. He identified that world entry to USDT was vital for remittances. Nevertheless, Ardoino additionally talked about picturing a “long-term future actuality” the place the USDT was not “a serious participant” in Europe or the U.S.
