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Promote with Leviathan NewsTether CEO Paolo Ardoino has reiterated his long‑term view that the company’s flagship stablecoin USDT ultimately has no future if fiat currencies collapse, arguing that Bitcoin would become the only real hedge and monetary alternative in a hyperinflationary “financial reset.” In comments highlighted by crypto media, Ardoino says he expects a scenario where “all national currencies will collapse and experience hyperinflation,” at which point a dollar‑pegged token like USDT would be “completely useless” because its value depends on the very fiat system he believes could break down. He characterizes USDT’s role as transitional: a bridge from today’s fiat‑dominated system into a future where Bitcoin is the primary store of value and medium of exchange. These remarks come as Tether sits at the center of the global stablecoin market, with USDT used widely in emerging markets as a de facto dollar substitute and with the company reporting record profits from interest on its reserves. Ardoino’s thesis underscores a core tension in the stablecoin business model: it is built on fiat and sovereign debt markets, even as many crypto advocates see those same systems as fragile or unsustainable in the long run. By stating that USDT would lose its purpose in the event of a broad fiat breakdown while Bitcoin would remain, Ardoino positions Tether as both a major beneficiary of the current dollar system and a vocal proponent of Bitcoin as the ultimate hedge against extreme monetary instability.
AI-generated background, compiled from web sources — not editorial content.
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