Tether is launching a US focused stablecoin by 2026 as Trump’s pro-crypto stance may skyrocket global USDT demand. Tether also minted US$1B USDT on Tron, signaling aggressive expansion.
In a recent interview with CNBC's Dan Murphy, Tether CEO Paul Ardoino pointed out that Tether's future growth is linked to the reputation of the US dollar worldwide. "We are trading the best that the US has to offer: the dollar," Ardoino explained.
The CEO insisted that Trump's policies might boost foreign trust in the US dollar. Thus, it amplifies worldwide demand for USDT, which is tied to it. “Ask 1,000 individuals outside the US what they'd rather hold, and at least 999 will respond with the US dollar," he emphasized.
Ardoino also revealed that Tether is developing a new domestic stablecoin specifically for US users. While USDT is used today in high-inflation foreign markets, the new product will facilitate payments within the US, both for institutions and individuals. It may be released by the end of 2025 or early 2026.
When asked about USDT’s alleged use in illegal transactions, Ardoino took a defensive stance. He cited that established fiat currencies like the US dollar remain the most prevalent instruments for criminal use. He elaborated that Tether utilizes strong monitoring tools to ensure misuse is discovered and stopped within its system.
Tether recently minted US$1 billion USDT on the Tron blockchain, highlighting its ambition to grow and dominate the market. As Trump advocates for crypto projects and Tether diversifies products, the stablecoin giant seems ready to reach new heights in the digital finance sector.