Tether CEO Says USDT Will Become Useless

It is unlikely that cryptocurrencies will overtake fiat in the coming years. However, we are gradually moving towards this point.


This content originally appeared on HackerNoon and was authored by Yaroslav Kalynychenko

We have waited so long for mass adoption that we seem to have lost hope. Meanwhile, today we are closer to it than ever before in history.

\

  • Almost every country in the world allows cryptocurrencies. China, Algeria, Afghanistan, and Bangladesh are the only major countries where they are banned.

  • A number of countries recognize them as a legal means of payment.

  • The number of crypto users in 2025 is higher than ever before in history.

  • The United States and several other countries are seriously considering the possibility of creating a cryptocurrency reserve.

    \

A new level of Mass Adoption is emerging in the Western Hemisphere. For now, the United States, Argentina, and El Salvador look like exceptions, but they can set a new trend where Bitcoin will first become an equal and then a dominant means of payment.

Tether CEO Paolo Ardoino: USDT Will Be 'Useless'

Paolo Ardoino shares a bold prediction:

\

I expect a financial reset, where all national currencies will collapse and experience hyperinflation. Consequently, USDT will be completely useless, and at that point, I believe the world will only use Bitcoin.

\ Did he use this tweet to pump Bitcoin? Probably yes. Would he say such a thing to the detriment of Tether? Probably not.

\ Few people today believe in the collapse of fiat. But early Bitcoin followers believed in it even when cryptocurrencies were used by thousands, not billions.

\ It is unlikely that cryptocurrencies will overtake fiat in the coming years. However, we are gradually moving towards this point.

\ The journey is far from over. Institutions and regulators test new rules every day (and slowly, but constantly make them more and more liberal). Infrastructure grows stronger with each passing moment. Retail and professional investors both fuel the momentum. Skepticism remains, yet progress is unmistakable.

\ What do you think?


This content originally appeared on HackerNoon and was authored by Yaroslav Kalynychenko


Print Share Comment Cite Upload Translate Updates
APA

Yaroslav Kalynychenko | Sciencx (2025-03-07T10:14:20+00:00) Tether CEO Says USDT Will Become Useless. Retrieved from https://www.scien.cx/2025/03/07/tether-ceo-says-usdt-will-become-useless/

MLA
" » Tether CEO Says USDT Will Become Useless." Yaroslav Kalynychenko | Sciencx - Friday March 7, 2025, https://www.scien.cx/2025/03/07/tether-ceo-says-usdt-will-become-useless/
HARVARD
Yaroslav Kalynychenko | Sciencx Friday March 7, 2025 » Tether CEO Says USDT Will Become Useless., viewed ,<https://www.scien.cx/2025/03/07/tether-ceo-says-usdt-will-become-useless/>
VANCOUVER
Yaroslav Kalynychenko | Sciencx - » Tether CEO Says USDT Will Become Useless. [Internet]. [Accessed ]. Available from: https://www.scien.cx/2025/03/07/tether-ceo-says-usdt-will-become-useless/
CHICAGO
" » Tether CEO Says USDT Will Become Useless." Yaroslav Kalynychenko | Sciencx - Accessed . https://www.scien.cx/2025/03/07/tether-ceo-says-usdt-will-become-useless/
IEEE
" » Tether CEO Says USDT Will Become Useless." Yaroslav Kalynychenko | Sciencx [Online]. Available: https://www.scien.cx/2025/03/07/tether-ceo-says-usdt-will-become-useless/. [Accessed: ]
rf:citation
» Tether CEO Says USDT Will Become Useless | Yaroslav Kalynychenko | Sciencx | https://www.scien.cx/2025/03/07/tether-ceo-says-usdt-will-become-useless/ |

Please log in to upload a file.




There are no updates yet.
Click the Upload button above to add an update.

You must be logged in to translate posts. Please log in or register.