Tether CEO Paolo Ardoino spoke about the future of Bitcoin and stablecoin USDT, stating that BTC will become the only currency outlasting fiat.
Tether CEO's View on Future Currencies
Paolo Ardoino compared Bitcoin and USDT, noting that BTC will remain relevant longer than fiat currencies. As a Bitcoin maximalist, he believes all fiat currencies will eventually collapse due to their structural flaws, and only Bitcoin will endure.
Role of USDT During Transition
While USDT is currently the largest stablecoin with a market cap of $142 billion, Ardoino sees it as a transitional product designed to help the cryptocurrency landscape gradually shift to a Bitcoin-dominated world.
Bitcoin as the Only Global Currency
Tether's CEO argues that only Bitcoin will become the globally used currency over time. He emphasizes the uniqueness and decentralization of Bitcoin among more than 14,000 cryptocurrencies.
Paolo Ardoino puts forth a bold vision where Bitcoin will become the central world currency, while fiat and USDT will lose relevance.
