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Odaily Planet Daily News: Tether CEO Paolo Ardoino stated in an interview that USDT may have initially been a cryptocurrency, but now it is the most widely used digital dollar in the world. Ardoino stated that USDT is not only focused on the cryptocurrency market. In countries such as Argentina and Türkiye, the stable currency provides a lifeline as a substitute for national currencies with greater volatility. Before the widespread adoption of USDT, people in countries plagued by inflation had to resort to the black market to obtain US dollars. He said, 'USDT works much better outside of the United States. In the United States, the dollar has 15 different transport layers. You have banks, credit cards, debit cards. You have Venmo, PayPal, Cash App, and so on... but who needs a dollar?'? Imagine a person living in Haiti earning $1.34 a day. How do they pay the $5 transaction fee? These markets cannot afford to pay $5 or $6 per transaction on Ethereum or other chains Ardoino also discussed another perspective on the intersection of stablecoins and geopolitics: treasury bills. These debts provide support for USDT, and if USDT holders want to cash out, they can easily convert it into US dollars. At the same time, interest payments will also flow into Tether's treasury. He added, "We have increased the flexibility of ownership of the US dollar, so now no country or decision-maker can sell hundreds of billions of US Treasury bonds at once. USDT and Tether are the best friends of the US dollar （CoinDesk）