PANews reported on May 3 that Tether CEO Paolo Ardoino shared on the X platform that the company is constantly expanding its business scope, from currency to telecommunications, from biotechnology to education, aiming to expand and support people globally. Paolo Ardoino also mentioned in his sharing that Tether is not only a stablecoin company, but also a "stable" company, implying that although its business types are constantly expanding, its operations must remain stable.

Paolo Ardoino also previously announced a collection of use cases for the stablecoin USDT, including stabilizing U.S. dollar savings, providing instant payments for freelancers, fast and low-cost remittances, hedging against inflation, cryptocurrency exchange transactions, global supplier payments, e-commerce payments, DeFi lending, and stablecoin crowdfunding.