FUTURE FLASH: CAN A PRIVATE DIGITAL CURRENCY DELIVER PUBLIC FINANCIAL STABILITY?

Paolo Arduino, CEO of Tether, discusses the company's mission to provide financial stability and inclusion through its stablecoin, USDT. USDT, a digital dollar leveraging blockchain technology, currently holds $183 billion in issued stablecoins and serves over 500 million users, particularly in emerging markets. Arduino highlights how USDT offers a lifeline in countries with devaluing currencies and provides an alternative to traditional financial systems with high remittance fees. He emphasizes the company's focus on expanding access to stable finance, communications, energy, and intelligence. Tether is working on projects like solar-powered kiosks in Africa to provide stable energy. The company is also developing AI platforms accessible on affordable devices in order to provide stable intelligence. Arduino notes Tether's significant profits and its role in promoting financial inclusion for the unbanked and underserved populations. The CEO shares that Tether is now averaging around 13.7 billion in profits and that their market cap is growing at a pace of $1 billion every three days. The discussion concludes with a vision for a future where technology and finance create greater stability and accessibility for all.