Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Tether CEO: Bitcoin's Limited Supply Drives Superior Performance and Boosts Economic Expansion

Tether CEO: Bitcoin's Limited Supply Drives Superior Performance and Boosts Economic Expansion

Bitget-RWA2025/09/26 16:20
By:Coin World

- Tether CEO Paolo Ardoino emphasizes Bitcoin's long-term value, citing El Salvador's 30% tourism surge after adopting it as legal tender in 2021. - He highlights Bitcoin's scarcity and immutability as advantages over Ethereum, noting Tether's $10.98 billion BTC holdings and growing institutional adoption globally. - Ardoino frames Bitcoin as a "lifeline" for economies, with 1.5M BTC in ETFs and U.S. states exploring strategic reserves, signaling its shift toward core financial infrastructure. - While Ethe

Tether CEO: Bitcoin's Limited Supply Drives Superior Performance and Boosts Economic Expansion image 0

Tether CEO Paolo Ardoino has once again stressed that those who embrace

early stand to gain substantial long-term rewards, highlighting the cryptocurrency’s revolutionary impact and the benefits of early adoption. During a recent podcast, Ardoino pointed to El Salvador as an example, explaining that the nation’s decision to recognize Bitcoin as legal tender in 2021 resulted in a 30% increase in tourism. According to him, this demonstrates Bitcoin’s ability to stimulate economic development and attract investments from a wide spectrum of participants, including institutions, individual investors, and major holders.

Ardoino described Bitcoin as a “lifeline” for economies facing challenges and as a superior form of global currency, suggesting its adoption marks a turning point for both countries and individuals. He emphasized that cities and businesses that integrate Bitcoin could benefit greatly by accessing the capital within the cryptocurrency’s network. Tether’s own Bitcoin reserves, now totaling 100,521 BTC (valued at $10.98 billion), illustrate the company’s commitment to this approach. Ardoino also pointed out that Bitcoin’s capped supply of 21 million coins and its “unchangeable” nature make it a more appealing store of value than

, which he criticized for lagging behind since its Merge upgrade in 2022.

His statements are in line with the growing trend of Bitcoin adoption by both institutions and governments. Since 2024, Bitcoin ETFs have acquired more than 1.5 million BTC, and countries such as El Salvador continue to build their Bitcoin holdings. The United States has also shown interest in developing a national Bitcoin reserve, with some states already investing public funds into the asset. Ardoino’s perspective supports the idea that Bitcoin is evolving from a speculative investment to a fundamental part of the world’s financial system.

Although Ethereum’s staking and DeFi sectors have drawn considerable investment—with nearly 70 institutions directly holding $17 billion in

—Ardoino’s preference for Bitcoin highlights differing opinions on the roles of these two cryptocurrencies. While Ethereum’s programmable blockchain supports yield-generating activities such as staking and liquid staking derivatives, Tether’s leadership believes Bitcoin’s limited supply and decentralized nature make it more suitable for preserving value over time. This viewpoint contrasts with Ethereum’s institutional momentum, where spot ETFs and corporate treasuries have contributed $7.09 billion in inflows since 2024.

The CEO’s focus on Bitcoin’s strengths comes as the crypto community debates the advantages of being an early adopter. By referencing El Salvador’s economic improvements and Tether’s own Bitcoin investments, Ardoino highlights the outsized benefits that can come from early involvement. Nevertheless, this position also prompts discussion about Bitcoin’s scalability and practical uses compared to Ethereum’s application-centric approach.

With Bitcoin adoption gaining momentum among both institutions and nations, Tether’s decision to allocate significant resources to the cryptocurrency demonstrates strong belief in its future leadership. Ardoino’s viewpoint mirrors a broader industry movement toward recognizing Bitcoin not merely as a speculative asset, but as a key pillar of the global financial system, with the potential to transform economies for those who adopt it early.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

XRP News Today: XRP ETF Launches Impressively Despite Price Drop Due to Large Holder Sell-Offs and Unstable Market Conditions

- Bitwise XRP ETF (XRP) debuted on NYSE with $22M trading volume, marking U.S. investors' first spot XRP exposure via a custodial trust. - XRP price fell 7% to $1.92 amid whale selling and broader crypto market volatility, despite the ETF's physical backing and fee waivers. - XRP's 13-year blockchain (4B+ transactions, 3-5s settlement) targets $250T cross-border payments market, but faces structural fragility with 58.5% supply in profit. - Regulatory clarity via the 2025 GENIUS Act enabled the ETF launch,

Bitget-RWA2025/11/21 20:02

Tech's Next Horizon: Middle East Pioneers Blockchain and eVTOL Innovation

- Middle East emerges as tech hub with Abacus Group and Singapore Enterprise Centre expanding in Dubai, leveraging region's financial and regulatory advantages. - Blockchain reshapes industries: BAT's token distribution challenges ad models while Coinbase acquires Vector.fun to strengthen onchain market dominance. - TransFuture Aviation unveils Honghu eVTOL, promising 70% faster urban travel, aligning with Dubai's innovation-friendly regulations and global urban mobility trends. - AI and blockchain become

Bitget-RWA2025/11/21 20:02
Tech's Next Horizon: Middle East Pioneers Blockchain and eVTOL Innovation

Bitcoin News Update: Rumble Introduces Wallet Feature, Giving Creators Full Control Over Their Crypto

- Rumble launches non-custodial wallet for Bitcoin , USDT, and tokenized gold tips during limited Android test. - Platform plans to expand crypto tipping to 51M users by December 2025, aligning with blockchain trends in social media monetization. - Non-custodial model emphasizes user fund control, addressing regulatory scrutiny while balancing stablecoin utility and crypto volatility. - Limited test prioritizes feedback refinement, aiming to attract crypto-focused creators and solidify Rumble's role in dec

Bitget-RWA2025/11/21 20:02
Bitcoin News Update: Rumble Introduces Wallet Feature, Giving Creators Full Control Over Their Crypto

Bitcoin News Update: "Does BlackRock's $642 Million Crypto Movement Indicate Lasting Bearish Sentiment or Just a Short-Term Dip?"

- BlackRock transferred $642M in BTC/ETH to Coinbase Prime, sparking fears of coordinated crypto sell-offs amid prolonged price declines. - Record $523M IBIT outflow and $903M Bitcoin ETF exodus signal institutional profit-taking, with risk-averse positioning accelerating market downturn. - On-chain data reveals BlackRock's Ethereum accumulation halt, contrasting prior aggressive buying, while retail investors offload 0.36% BTC/XRP holdings. - Analysts debate bear market vs. temporary correction, noting Bi

Bitget-RWA2025/11/21 20:02
Bitcoin News Update: "Does BlackRock's $642 Million Crypto Movement Indicate Lasting Bearish Sentiment or Just a Short-Term Dip?"