Tether CEO: Will Continue to Focus on Non-U.S. Markets, Does Not Rule Out Issuing New Stablecoin in the U.S. After "Appropriate Regulatory Framework Emerges"

According to ChainCatcher, Bloomberg reports that Tether CEO Paolo Ardoino recently stated in a Bloomberg interview that despite the Trump administration's friendly stance towards cryptocurrencies, the company's "main interest" will still focus on regions outside the United States.

Data shows that stablecoin payment transactions 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 globally. Singapore, Hong Kong, and Japan together account for 36.3% of global stablecoin traffic, far surpassing 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 United States once a "suitable regulatory framework emerges."