Tether US Entry Aligns with $2T Stablecoin Forecast
Tether CEO Paolo Ardoino confirmed the company's plans to enter the institutional stablecoin market during an interview with Bloomberg Television. The MOVE comes amid growing projections that the stablecoin sector could reach $2 trillion in valuation, signaling heightened institutional interest in dollar-pegged digital assets.
Ardoino's announcement underscores Tether's strategic positioning to capture market share as traditional finance increasingly adopts stablecoins for settlements and liquidity management. The expansion follows sustained demand for regulated crypto-dollar instruments across trading platforms and DeFi ecosystems.