Ardoino Says USDT Broadens Treasury Access While Tether Retains Control

Tether CEO Paolo Ardoino said USDT has helped distribute exposure to US debt across 650 million people, according to CryptoSlate. The stablecoin spreads dollar-denominated claims and supports demand for US Treasury funding, but ownership and control of the underlying Treasury bills remain with Tether. The company continues to hold the reserves, manage the portfolio and retain gains generated when the bills trade above face value. The distinction highlights the difference between broad distribution of USDT-linked dollar claims and direct ownership of the assets backing those claims. CryptoSlate reported the comments on Sept. 10, 2026, in a discussion of Tether’s role in the Treasury market and the structure of its reserves.