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.
As Bitcoin continues to consolidate above $100K, a critical market signal is flashing: BTC funding rates remain elevated, even as price action cools.
Billionaire investor Ray Dalio, founder of Bridgewater Associates, has suggested that a balanced investment portfolio should include up to 15% allocation to gold or Bitcoin, though he remains personally more inclined toward the traditional asset.
With Bitcoin hovering near $119,000, traders are weighing their next move carefully. The question dominating the market now is simple: Buy the dip or wait for a cleaner setup?
Bitcoin has officially reached the $116,000 milestone, a level previously forecasted by crypto services firm Matrixport using its proprietary seasonal modeling.