Tether CEO Paolo Ardoino said on August 23, 2026, that several developing economies are increasingly relying on USDT for domestic and foreign commerce, arguing that Tether’s financial-inclusion mission is more important than ever. He pointed to Venezuela, Argentina, Bolivia and Turkey, where households and firms use the dollar-pegged stablecoin to settle trade, preserve value and make everyday payments amid currency depreciation, physical-dollar shortages and constraints in conventional finance. In Venezuela, small and medium-sized enterprises use USDT for import and export settlements in a hybrid bolívar-dollar market, while earlier reporting cited stablecoins in a large share of crude-oil revenue and peer-to-peer flows. Bolivia has applied USDT to commercial deals including fuel after ending its fixed exchange-rate regime in June 2026, and Argentina’s peer-to-peer and street markets use it for value preservation and exchange. Turkish households treat USDT as an inflation hedge while consumer price growth remains elevated. Chainalysis ranked Turkey 14th, Venezuela 18th and Argentina 20th in its 2025 Global Crypto Adoption Index and tracked nearly $1.5 trillion in Latin American crypto activity from July 2022 through June 2025. Tether said its products had served more than 570 million people as of March 2026, with USDT circulating supply near $183 billion in late August 2026 after total supply approached about $188–189 billion earlier in the year.