Tether's Chief Technology Officer, Paolo Ardoino, has outlined the distinct roles of the company's stablecoins, USDT and USA₮. USDT, often referred to as the digital dollar, is primarily used in emerging markets, serving approximately 500 million people across Africa, Latin America, and Southeast Asia. It was developed to cater to the unbanked and underserved populations in these regions.
In contrast, USA₮ is specifically designed for the U.S. market. It is branded to align with domestic regulations and aims to enhance financial access for communities in America that remain underserved. This dual approach allows Tether to address different market needs while expanding financial inclusion globally.
Tether's Paolo Ardoino Highlights Distinct Roles of USDT and USA₮
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