Tether CEO Paolo Ardoino tweeted in August last year, claiming to have seen the “future of traditional finance” and stating that they will achieve international trade settlements for B2B, B2C, and C2C through an action app based on USDT and XAUT (gold-backed stablecoin). Ardoino said,
Tether Invests in Payment App Oobit, Expanding Cryptocurrency Payment Scenarios