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Paolo Ardoino, chief executive officer at Tether, highlights that several developing countries are heavily relying on USDT for both internal and foreign commerce.
He states that Tether's mission of financial inclusion is now more important than ever.
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Earlier this year, Paolo Ardoino described the launch of Tether Gold support on Ethereum as well timed, noting its introduction as a key development for the company’s product offerings (Tether Gold support comes at best timing, Paolo Ardoino notes). He has also clarified that Tether does not plan to build its own blockchain, maintaining a focus on supporting existing networks (Tether has no plans to build blockchain). These statements reflect Tether’s ongoing strategy toward expanding asset support and infrastructure partnerships.