整理：KarenZ，Foresight News

This week, Tether CEO Paolo Ardoino engaged in an in-depth dialogue with American entrepreneur and Professional Capital Management founder and CEO Anthony Pompliano, discussing Tether's strategy for entering the U.S. market, plans to launch a U.S.-based stablecoin, and exploring fields such as AI, gold, and brain-computer interfaces. Paolo Ardoino also issued a warning about the over-leveraging of Bitcoin treasury companies.

The author has summarized and organized the key points:

What are Tether's plans in the U.S.?

Paolo Ardoino: The recently passed "Genius Act" is driving Tether to explore the U.S. market and creating a fair competitive environment for all other financial institutions. Tether holds over $127 billion in U.S. Treasury bonds and has recently surpassed South Korea to become the 18th largest holder of U.S. Treasuries, and is expected to surpass another country by the end of the year. Although it seems crazy compared to countries, that is the reality. We might be one of the best allies of the U.S. Tether plans to launch a domestic stablecoin in the U.S. At that time, U.S. banks and financial institutions will also collaborate with Tether to leverage Tether's global distribution network to expand new customer bases and revenue sources.

For example, the efficiency of financial infrastructure in Nigeria is between 10% and 20%, while in the U.S. it is 90%, almost perfect. Therefore, if the quality of financial transmission in Nigeria can be improved to 50%, in the U.S. it can only be improved from 90% to 95%. Since the underserved population in U.S. banking services is relatively small, Tether's products for the U.S. market must be unique.

What is the difference between USDT and Tether's U.S. domestic stablecoin?

Paolo Ardoino: USDT primarily serves emerging markets (such as Latin America, Africa, and Southeast Asia) and is more like an international stablecoin, helping local users bypass inefficient financial infrastructure. However, USDT may not perform optimally in the U.S. market.

The U.S. domestic stablecoin is designed specifically for the U.S. market, optimizing user experience to fit the mature financial system in the U.S. (such as collaborating with banks and improving payment efficiency).

In the future, the U.S. market may see hundreds of stablecoins emerge, at which point the user experience of migrating from one stablecoin to another will become crucial, and user experience and distribution capability are Tether's strengths.

In what areas can stablecoin infrastructure/blockchain be improved or innovated?

Paolo Ardoino: User experience is the biggest limitation; you need to have a wallet, and the wallet must have enough Gas fees to send stablecoins. Of course, account abstraction or other methods can be used, but you still cannot seamlessly pay Gas fees with stable value; you need to use volatile assets (like ETH) to pay. This part needs improvement.

Commodity traders are going all in on stablecoins, realizing that stablecoins can enhance the profitability of portfolio efficiency. The Genius Act will bring institutional-level adoption. Those focusing on stablecoins and settlement, interbank settlement, and inter-company settlement on blockchain will have a significant advantage.

Tether + AI

Paolo Ardoino: QVAC is one of the projects I am quite obsessed with. The idea behind it is to create a local AI inference and fine-tuning platform that can work anywhere, from embedded devices to smartphones, laptops, or servers. The smallest devices can be brain-computer interfaces, cars, drones, robots, and can even be taken to space or other planets.

Therefore, AI must be lean, precise, modular, and localized. AI will be embedded in the very structure of the universe in 20 years, 30 years, 100 years, or 10,000 years. In the next five years, mobile GPUs may be ten times more powerful than today. We hope to build the first truly decentralized, unstoppable AI platform.

We are trying to mimic the brain, attempting to create infinite, super-powerful data centers. QVAC will allow everyone to create efficient small local models and connect all these models through peer-to-peer technology, without a main server or any central server, so you can run queries across these models and get the best answers.

Tether will eventually establish its own foundational model, but first, we are building a platform that can run any model, whether local or remote. Local inference is also a major focus, and we are researching peer-to-peer collaborative inference.

What is your view on gold and Bitcoin?

Paolo Ardoino: I have said many times that nothing is better than Bitcoin. Bitcoin is perfect. Bitcoin holders mistakenly believe that gold is a competitor to Bitcoin, but that is not the case. If investors think Bitcoin is at a market cycle peak and want to temporarily exit, it makes more sense to exchange Bitcoin for gold rather than for dollars, as gold can better maintain purchasing power (dollars may be eroded by inflation). If a global financial reset occurs within the next five years (such as a collapse of the fiat currency system), gold's $20 trillion market cap (far exceeding Bitcoin's current size) may make it a more traditionally accepted transitional asset, while Bitcoin will need time to expand its scale.

What is your view on Bitcoin treasury companies?

Paolo Ardoino acknowledged the market role of Bitcoin treasury companies but also expressed concerns about some aggressive strategies (such as over-leveraging). Ultimately, the industry will experience reshuffling and consolidation.

Tether + Brain-Computer Interfaces

Paolo Ardoino: At the end of April 2024, Tether will invest $200 million in Blackrock Neurotech. Blackrock Neurotech has the best brain-computer interface technology, with a new generation of chip technology that offers a 100-fold performance improvement. Blackrock Neurotech is headquartered in Utah, and the team is very lean.

Blackrock Neurotech is committed to ensuring that brain-computer interface technology benefits humanity and is used for human purposes while preventing robots from replacing humans.

What is your view on the current macroeconomy?

Paolo Ardoino: The U.S. is currently in a very strong position, optimistic about the globalization trend of dollar stablecoins. The U.S. has achieved its own interests through tariff policies, which may have negative impacts on other countries, but in the short term, it significantly boosts the U.S. economy. Europe started early in digital asset regulation but has not been effective, failing to seize the technological opportunity to expand the global influence of the euro. The devaluation of currencies and economic vulnerabilities in poorer countries will rise, while tools like USDT provide a "Plan B" for people in these regions, mitigating the impact of local currency fluctuations. Tether is not only investing in gold but also venturing into land and agriculture, AI, brain-computer interfaces, and other fields.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。