According to The Wolf Of All Streets, Tether CEO Paolo Ardoino stated that stablecoin technology has enabled the decentralized holding of U.S. Treasury bonds for the first time. Currently, approximately 650 million people indirectly hold U.S. Treasury bonds, which can reduce the risk of a single country dumping hundreds of billions of dollars in U.S. Treasuries. He mentioned that traditional finance has not proposed a similar solution despite decades of financial innovation.