Tether CEO: Will continue to focus on non-U.S. markets and does not rule out issuing new stablecoins in the U.S. after a "suitable regulatory framework emerges."
ChainCatcher news, according to Bloomberg, Tether CEO Paolo Ardoino recently stated in an interview with Bloomberg that despite the Trump administration's friendly attitude towards cryptocurrencies, the company's "main interest" will still be focused outside the United States.
Data shows that the stablecoin payment transaction volume reached $51.4 billion in 2024, a significant increase from last year, with Tether's USDT holding a market share of 62% to 91% in most regions worldwide. Singapore, Hong Kong, and Japan together account for 36.3% of global stablecoin flows, far exceeding the United States' 18.7%.
Ardoino stated that the company will continue to focus on emerging markets such as Latin America, Asia, and Africa, while not ruling out the possibility of issuing new stablecoins in the U.S. after a "suitable regulatory framework emerges."