ChainCatcher news, according to Tether CEO Paolo Ardoino, the Keet app is set to launch Tether AI-driven voice message translation and transcription features. This feature will run completely locally, without the need for servers, ensuring user privacy and security.Note: Keet is a P2P encrypted communication app launched in collaboration between Tether, Bitfinex, and Hypercore.

ChainCatcher news, according to CoinDesk, Tether CEO Paolo Ardoino stated during his speech at the Cantor Fitzgerald Global Technology Conference in New York that Tether has "gone through hellish challenges" over the past few years but still maintains its market dominance and is expanding its business in multiple areas.During his first visit to the United States, Ardoino engaged in discussions with the Bitcoin Policy Institute and Strike CEO Jack Mallers, and took a photo on Capitol Hill in Washington, D.C. He admitted that Tether has long faced intense scrutiny from the U.S. Department of Justice (DOJ), the Commodity Futures Trading Commission (CFTC), and the New York Department of Financial Services (NYDFS), and reached a settlement with the CFTC and NYDFS in 2021.Currently, Tether's USDT stablecoin holds over 60% of the market share, with a total market capitalization of $143 billion, far exceeding its U.S. competitor Circle ($58 billion USDC). In 2024, Tether is projected to earn $13 billion and continues to invest in areas such as AI, education, and the tokenization of real-world assets (RWA).Although Tether is headquartered in El Salvador, it has strong ties to the U.S., including holding nearly $100 billion in U.S. Treasury bonds, making it one of the top 20 holders of U.S. debt globally. Additionally, Tether collaborates with the FBI and the U.S. Secret Service to combat crypto crime and has invested $775 million in the right-wing social platform Rumble, planning to integrate USDT payment functionality.At the conference, Ardoino emphasized Tether's optimistic outlook for the future and reaffirmed the importance of stablecoins in maintaining the U.S. dollar's global dominance, aligning with the latest policy direction of the U.S. Treasury.

ChainCatcher news, Tether CEO Paolo Ardoino stated on social media that Tether is "helping to secure U.S. debt."Currently, most of Tether's (USDT) issued reserves are backed by U.S. Treasury bonds, and the market generally believes that the scale of its holdings has reached tens of billions of dollars, making it one of the important buyers of U.S. short-term Treasury bonds.

ChainCatcher news, Tether CEO Paolo Ardoino posted on the X platform stating that USDT is the most successful tool for dollar hegemony and emerging market distribution. Over the past decade, Tether has built the most extensive physical and digital distribution network, from thousands of self-service terminals in Africa and South America to digital remittance platforms, from payment backbones to institutional tools.Our team and portfolio companies work on the ground every day in countless regions of developing countries, helping communities increase the utilization, trust, and education level of USDT, thereby impacting the U.S. economy. This is how USDT currently helps over 400 million people and grows at a rate of 35 million new wallets per quarter, with a focus on developing countries, while strengthening the dollar and holding over $115 billion in U.S. Treasury bonds, making Tether the 18th largest holder of U.S. debt.While competitors' business models should focus on creating better products and larger distribution networks, their true intention is to "eliminate Tether." Every business or political meeting they hold has this goal as the ultimate aim. While this may seem exaggerated, it is the truth.For a competitor trying to use legal means to kill off rivals instead of focusing on better products, Tether will not sit idly by. Tether will not allow these attacks to succeed, nor can it permit such a situation to occur. Tether will steadfastly protect the hundreds of millions globally who have been left behind by the traditional financial system, helping them access dollars through USDT.

ChainCatcher news, Tether CEO Paolo Ardoino posted on the X platform that they have just frozen 181,000 USDT related to the ByBit hack. While it may not be much, it is an effective measure, and Tether will continue to monitor.

ChainCatcher news, Tether CEO Paolo Ardoino posted on the X platform: "USDT is the best ally of dollar hegemony.Over the past 10 years, Tether has established the most extensive and sophisticated physical and digital distribution network in all emerging markets. From on-the-ground operations to payment processors, from thousands of self-service terminals in Africa to global digital platforms, the business is almost everywhere. Few people understand this. But that is finally changing."

ChainCatcher news, according to The Block, Tether CEO Paolo Ardoino stated that "picky" JPMorgan analysts underestimated the company's $20 billion group equity when analyzing its reserves. He also mentioned that Tether is confident in adapting to U.S. stablecoin regulations.Paolo Ardoino explained, "Even in the most extreme cases, JPMorgan overlooks the fact that Tether Group's equity is worth over $20 billion in other highly liquid assets and generates more than $1.2 billion in profits each quarter through U.S. Treasury bonds."

ChainCatcher news, Tether CEO Paolo Ardoino stated, "The reason why JPMorgan analysts are dissatisfied is that they do not hold Bitcoin."Previously, JPMorgan analysts mentioned that in order to comply with the proposed stablecoin regulations in the U.S., Tether may need to sell some non-compliant assets— including Bitcoin, precious metals, corporate notes, and secured loans.

ChainCatcher news, Tether CEO Paolo Ardoino stated that the crypto community is becoming more polarized.

ChainCatcher news, Tether CEO Paolo Ardoino stated on social platform X that quantum computing is still far from posing a substantial threat to the Bitcoin encryption system.He predicts that before any serious threat arises, Bitcoin will add quantum-resistant address functionality. All living individuals who can access their wallets will transfer their Bitcoin to new quantum-resistant addresses.

ChainCatcher news, Tether CEO Paolo Ardoino stated on social media, "At the PlanB forum in El Salvador, I was asked this question: Are you worried about competitors to USDT? My answer: Many people do not realize that Tether has built one of the most extensive digital and physical distribution networks in human history over the past 10 years.While some competitors are raising funds from investors and increasing the market value of their stablecoins on their balance sheets by paying incentives to banks, Tether already has hundreds of thousands of partners, establishing service terminals in all developing countries, creating digital platforms with tens of millions of users and amazing technology. The scale of our network is what sets us apart.This is why USDT has been able to successfully empower 400 million users in emerging markets, enabling them to access the global financial system through the USDT stablecoin. There are still billions of people who cannot access basic financial services; these are good people who are simply overlooked by banks because they are too poor. We will continue to fulfill our mission to help them.And in the process, we are helping the U.S. economy by repurchasing hundreds of billions of U.S. Treasury bonds and strengthening the dollar's position as the most widely used fiat currency in the world. So no, I am not worried at all."

ChainCatcher news, Tether CEO Paolo Ardoino denied the speculation raised by Ansem that "Tether will launch its own blockchain network" on social media.

ChainCatcher news, Cointelegraph disclosed on the X platform that Tether CEO Paolo Ardoino previously stated: "We have always supported Bitcoin. We have invested in Bitcoin. We are loyal investors in Bitcoin and Bitcoin technology."

ChainCatcher news, Tether CEO Paolo Ardoino posted on the X platform that Bitfinex Securities is licensed in El Salvador. Bitfinex Derivatives has moved to El Salvador, and Tether is relocating to El Salvador. Many other companies will follow suit, and El Salvador is becoming a fintech hub in Central and South America.

ChainCatcher news, Tether CEO Paolo Ardoino posted on social platform X that he will give a speech at the AI Week event in Italy in May, introducing Tether's AI strategy centered on personal freedom of speech and financial freedom. This strategy focuses on open source, peer-to-peer technology, and privacy protection.Ardoino stated that he will reveal the true state of disruptive technologies such as artificial intelligence, robotics, and brain-computer interfaces, and explore some future scenarios that have been obscured due to "good intentions."

ChainCatcher news, Tether CEO Paolo Ardoino posted on the X platform that the paid trolls who have been attacking Tether for years are the same group of people attacking Bitcoin and promoting some useless technologies. Tether loves Bitcoin, and together with the community, we will be unstoppable.

ChainCatcher news, Tether CEO Paolo Ardoino posted on social media, "Don't believe the FUD. Competitors are just eager to make you believe in things that don't exist. USDT is safe. Keep moving forward."ChainCatcher previously reported that Tether CEO Paolo Ardoino retweeted a post from the co-founder of weRate and CEO of JAN3 on the X social platform, which mentioned that there is a lot of "FUD information" about USDT in the current market.But the reality is that USDT will not be deemed illegal in Europe on December 30, 2024. The MiCA rules need to be followed, but stablecoin service providers have a transition period of 6-18 months, and some exchanges are waiting for clear information.

ChainCatcher news, Tether CEO Paolo Ardoino stated, "Just received the first draft of the Tether AI platform website. It will be launched soon, aiming for the end of Q1 2025."

ChainCatcher news, Tether CEO Paolo Ardoino posted on the X platform stating that the goal is to provide a complete user experience of Hadron through API by early February next year, allowing any institution and enterprise to seamlessly integrate Hadron into their platforms.Hadron is an asset tokenization platform launched by Tether, which can be used to issue and manage the entire lifecycle of digital tokenized assets, offering modularity, security, reliability, and a seamless user experience.

ChainCatcher news, according to The Block, Tether CEO Paolo Ardoino attributed the increase in USDT market capitalization to a significant influx of funds into Bitcoin spot ETFs and the Bitcoin buying frenzy led by Michael Saylor.Ardoino revealed that Tether's market capitalization has grown by approximately $16 billion in just the past 20 days, partly due to a large influx of funds into spot Bitcoin ETFs, with many people starting to buy Bitcoin at a very fast pace, especially after the U.S. elections.