Paolo Ardoino, CEO of Tether, today stated that USDT Stablecoin acceptance in developing countries is effectively creating a decentralized market for American debts, thereby positioning ordinary people as indirect buyers of American treasury through Tether’s reserves.
Speaking at the Bitcoin Policy Institute, Bitcoin for America eventArdoino emphasized the important role of Tether in the worldwide maintaining the US dollar -while at the same time warned of the potential challenge of BRICS Nations for this supremation through golden accumulation.
The CEO described USDT as a temporary “bridge” function in emerging markets where people need access to the US dollar for savings.
Ardoinino warned that Brics -countries are actively looking for their “Liek Toment” against DollarHegemony, referring to how a small Chinese company Deepseek R1 announced shortly after the US announced an AI investment of $ 500 billion. According to Ardoino, this challenge is likely to come to the fore through an initiative with gold -supported currency.
However, Ardoino has also said that he believes that Bitcoin will eventually replace Anyway, that is why Tether invests in the development of Bitcoin infrastructure.
“In the long term, I do not believe that there is a future for USDT; I expect a financial reset, in which all national currencies collapse and experience hyperinflation. Consequently, USDT will be completely useless and at that moment I believe that the world will only use Bitcoin, “Ardoino said.
But without promoting USDT from the dollar worldwide and giving access to developing countries, the BRICS countries will put an end to the dollar rod.
Recent recent information supports Ardoinos are concerned about Brics Gold Accumulation. The block now contains more than 20% of global gold reserves, with Russia (2,340 tonnes) and China (2,260 tonnes) that leads the interests of the alliance. Central banks have maintained strong gold purchase patterns worldwide in 2025, with the People’s Bank of China added 5 tons in January alone, which marks its third consecutive month of Net buy.
Golden Prizes responded to this persistent question, which increased from $ 2,000 per ounce in early 2024 to almost $ 2,800 in December before he dropped to around $ 2,200 amidst the global trade war with the US. Projections to suggest The price could reach $ 3,100 by the end of 2025.
Jim Rickards, who speaks at the New Orleans Investment Conference, sketched How a potential BRICS-GOUD-SUNDAY could function: “If a BRICS currency unit 1 is worth Gold and the golden price goes to US $ 3,000 per ounce, the BRICS currency unit of US $ 3,000 would be worth, while the dollar would lose value compared to the BRICS-MALUTA as Gemeta as Gemeta”.
In the meantime, Tether continues to expand his global footprint. Ardoino notes that USDT has been surpassed 400 million Users worldwide and add around 35 million new portfolios every quarter. This growth is particularly pronounced in the development of regions with limited bank access, where USDT offers an alternative financial infrastructure.
The CEO of Tether claims that, despite criticism from competitors, USDT plays a crucial role in supporting dollar dominance and at the same time offers essential financial services to sub -entrant populations.
However, his long-term prediction suggests that this scheme can ultimately take place for a financial system dominated by Bitcoin after what it describes as an inevitable collapse of Fiat currencies.