- Tether has announced an upcoming documentary to mark its 10th anniversary.
- The documentary will feature interviewees from Latin America.
- The company teased the documentary’s trailer but didn’t specify the exact launch date.
USDT issuer Tether has announced an upcoming documentary to celebrate the company’s and the stablecoin’s 10th anniversary.
According to its website, a group of Bitcoin enthusiasts founded Tether in 2014 as a blockchain-based platform aimed at disrupting the conventional financial system with a “more modern” approach to digital money. The platform initially rolled out USDT on Bitcoin before expanding to other networks like Ethereum, Tron, and TON.
Tether and USDT’s 10th Anniversary
In an X post on October 6, Tether said it would launch a documentary titled ‘Stability and Freedom in Chaos’ to highlight how USDT has become a preferred currency for millions of people fighting inflation and financial exclusion.
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Per the documentary’s teaser, it will feature regular users, economic experts, and legal professionals explaining how the stablecoin has impacted lives as a tool that functions nearly the same as the US dollar in Turkey, Brazil, and Argentina.
One interviewee in the teaser claimed that Brazil witnessed a cryptocurrency boom in 2024, with Tether’s USDT accounting for about 90% of all transactions in the country during the day. Others stated that USDT allowed them to save money, remit international transfers, and pay workers’ salaries.
Commenting on the upcoming documentary, Tether CEO Paolo Ardoino asserted that USDT’s mission was to bring financial inclusion to billions living in developing countries, where access to the traditional banking industry is limited amid rampant inflation.
“Our focus has always been (and will always be) the last mile. Rich people have already tens of ways to transact and store wealth. We build financial tech for the people left behind.” Ardoino stated.Ardoino further reiterated Tether’s success, noting that the company had branched out to other verticals besides stablecoin issuance, including education, energy, telecommunications, and AI to empower people, communities, and cities globally.
Tether said the documentary would launch “soon” without specifying a tentative date.
Stay updated on Tether’s march to $120 billion market cap:
Tether Nears $120B Market Cap—Here’s Why It’s a Big Deal
Read about the recent “scam” allegations against Tether:
Tether Faces Allegations of Being a “Bigger Scam Than FTX”
