Tether CEO Paolo Ardoino, in a recent podcast, expressed optimism about USDT reaching a market cap of $200-$400 billion or even $1 trillion, citing its current $96.5 billion cap and $6.2 billion in 2023 profits. Ardoino highlighted Tether's 100% reserve-backed tokens and a $5.2-billion surplus in corporate reserves. He emphasized the significant usage of USDT in countries like Brazil, Venezuela, Vietnam, and Nigeria, and Tether's focus on blockchain solutions with real-world applications. The article also mentions criticism of stablecoins by New Zealand Central Banker Adrian Orr and U.S. Rep. Maxine Waters' mention of nearing stablecoin regulation in the U.S.