Tether’s CEO, Paolo Ardoino, has publicly defended the company’s significant role in bolstering the U.S. financial system. Ardoino claims Tether’s $115 billion in treasury holdings strengthens U.S. debt resilience. Speaking at a recent Bitcoin Policy Institute event, he highlighted Tether’s commitment to maintaining a stable financial environment. This defense comes amidst discussions about the implications of stablecoins for the traditional finance sector. Understanding the complexities of stablecoins is crucial for investors today. For more insights on this topic, check out entreprenerdly.com.