Tether CEO Paolo Ardoino said the company is expanding the global dollar network by distributing dollars through USDT and holding large amounts of U.S. Treasurys. In an August 30, 2026 video interview with The Wolf Of All Streets, he said Tether uses operating profits to buy Bitcoin and gold as protection against declining fiat currency values. Ardoino called Bitcoin the foundation of digital assets and a natural inflation hedge, and said wider adoption requires a generational shift because many older decision-makers do not understand it. He added that central banks are buying gold rather than Bitcoin, while younger generations have a stronger understanding of BTC.