Theo tin tức từ BitouchNews, Tether CEO Paolo Ardoino said on the social platform: "At the PlanB forum in El Salvador, I was asked this question: Are you worried about USDT's competitors? My answer is: Many people don't realize that Tether has built one of the most extensive digital and physical distribution networks in human history in the past 10 years.

When some competitors raise funds from investors and increase the market value of their stablecoins on their balance sheets by paying incentives to banks, Tether already has hundreds of thousands of partners, establishes service terminals in all developing countries, and builds digital platforms with tens of millions of users and amazing technology. The scale of our network is different.

This is why USDT has been able to successfully empower 400 million users in emerging markets and enable them to access the global financial system through USDT stablecoins. There are still billions of people who cannot access basic financial services. These are good people who are not paid attention to by banks just because they are too poor. We will continue to fulfill our mission to help them.

And in the process, we help the US economy by repurchasing hundreds of billions of US Treasury bonds and strengthen the US dollar's position as the most widely used legal currency in the world. So no, I'm not worried at all."