Tether’s CEO, Paolo Ardoino, recently shared a bold perspective on Bitcoin’s future, suggesting that it will outlast fiat currencies and even stablecoins like USDT.
Speaking on a podcast, Ardoino, who identifies as a Bitcoin maximalist, predicted that all traditional currencies will eventually fail due to inherent flaws, leaving Bitcoin as the dominant global financial asset.
Although Tether remains the largest stablecoin with a $142 billion market cap, Ardoino sees it as a temporary solution rather than a long-term fixture.
He described USDT as a bridge facilitating the transition to a Bitcoin-driven economy.
According to him, a financial reset could lead to hyperinflation and the collapse of national currencies, rendering stablecoins obsolete in a world where Bitcoin reigns supreme.
Ardoino has previously emphasized that Bitcoin stands apart from the thousands of other cryptocurrencies, highlighting its decentralization and unique properties.
His vision aligns with the broader maximalist belief that Bitcoin will ultimately become the world’s only universally accepted currency.
In a recent live address, U.S. President Donald Trump declared that a new base tariff of 10% would be applied universally to all countries.
Metaplanet, a Tokyo-based investment firm, has continued its aggressive push into Bitcoin by acquiring an additional 160 BTC for approximately $13.3 million.
Bitcoin’s downward trend could persist longer than expected, according to some analysts who see similarities with the 2022 bear market.
Bitcoin’s outlook for April appears uncertain as investors remain cautious, struggling to find clear reasons for a potential rebound.