Stablecoin issuer Tether has unveiled a 10-year roadmap aimed at launching new tokens to foster financial inclusion and innovation in areas such as AI, energy sustainability and blockchain education.
The strategy outline, announced during the company’s 10th anniversary event, strengthens Tether’s dominance in the stablecoin space.
Promoting financial inclusion
Tether plans to focus on expanding its core stablecoin over the next 10 years. Its flagship stablecoin, USDT, remains the largest USD-pegged stablecoin, with a market capitalization approaching $120 billion.
The digital asset’s user base has surged 24% over the past year, from 282 million in October 2023 to 350 million today. Additionally, Tether is one of the top 20 buyers of U.S. Treasury bills, holding more than $97 billion in the United States. Government bonds – surpassing countries such as Germany and Australia in its exposure.
In line with its mission, Tether aims to introduce more tokens to drive global financial inclusion. The company has already diversified its offering with tokens pegged to other fiat currencies and expanded its reach to a wider international audience.
Tether CEO Paolo Ardoino emphasized this point in a recent post about X, saying:
“Tether founded the company with a simple mission: to bring financial inclusion to billions of unbanked people, primarily in developing countries.”
The company reiterated that these efforts aim to build a world where “digital currency payments are seamless, accessible, and inclusive for all.”
However, Tether acknowledged that achieving this vision will require overcoming challenges such as regulatory uncertainty, scalability limitations, and the digital currency’s broader real-world utility. Despite these hurdles, the company remains committed to advancing blockchain technology and developing new stablecoin products to meet the needs of the evolving global financial landscape.
Expanding beyond stablecoins
In addition to its stablecoin business, Tether is also expanding into new areas such as communications, AI, education, and energy. Earlier this year, the company launched four new divisions to support its vision of a future-ready financial system: data, treasury, power and education.
Tether’s broad strategy focuses on pioneering projects that empower future generations. The company is also making significant investments in AI, primarily through its involvement with Northern Data Group, and aims to develop open source, multimodal AI models that will establish new industry standards.
Ardoino further emphasized the evolving role of tether, saying:
“Tether has become a symbol of disintermediation, resilience and stability. From financial tools like stablecoins to communications, from artificial intelligence to unstoppable education and energy, we support people, communities and We believe in empowering cities and the country as a whole.”
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