Tether CEO: Will continue to focus on non-U.S. markets

Odaily Planet Daily News: Tether CEO Paolo Ardoino recently stated in a Bloomberg interview that despite the Trump administration's friendly attitude towards cryptocurrency, the company's "main interests" will still be focused outside the United States. Data shows that the transaction volume of stablecoin payments reached 51.4 billion US dollars in 2024, a significant increase from last year, with Tether's USDT accounting for 62% to 91% of the global market share in most regions. Singapore, Hong Kong, and Japan together account for 36.3% of global stablecoin traffic, far exceeding the 18.7% in the United States. Ardoino stated that the company will continue to focus on emerging markets such as Latin America, Asia, and Africa, while not ruling out the possibility of issuing new stablecoins in the United States once a suitable regulatory framework emerges. (Bloomberg)