PANews, May 3 - Tether CEO Paolo Ardoino shared on the X platform that the company is continuously expanding its business scope, from currency to telecommunications, from biotechnology to education, aiming to expand globally and provide support to people. Paolo Ardoino also mentioned in his shared content that Tether is not just a stablecoin company, but a 'stable' company, implying that although the types of business are continuously expanding, operations must remain robust.
Paolo Ardoino previously announced a collection of use cases for the stablecoin USDT, including stable dollar savings, instant payments for freelancers, fast low-cost remittances, inflation hedging, trading on cryptocurrency exchanges, payments to global suppliers, e-commerce payments, DeFi lending, and stablecoin crowdfunding, totaling 22 items.