Tether CEO Paolo Ardoino Hails ‘Unparalleled Growth Opportunity’ As Plasma-Curve Partner

Tether CEO Paolo Ardoino is hinting at the evolving opportunities in the stablecoin development and related infrastructure. Check What it is!

Published by

Sneha Agrawal
April 22, 2025
Tether CEO Paolo Ardoino Hails ‘Unparalleled Growth Opportunity’ As Plasma-Curve Partner

Paolo Ardoino:- Stablecoins as the backbone of decentralized finance (DeFi) has seen unprecedented growth. Their total market cap has surpassed $230 billion with USDT (Tether), USDC (Circle), andUSDe (Ethena) leading the pack.

In a recent X post, Tether CEO Paolo Ardoino revealed the next growth opportunity in web3. He called the ongoing growth in the development of stablecoin related infrastructure as the “unparalleled growth opportunity”.

His comments came in as the Stablecoins focused and Bitcoin built blockchain, Plasma, announced its latest partnership with Curve Finance. Plasma announced Curve as its next major ecosystem partner after recently collaborating with Ethena on .

Plasma is building itself as the stablecoin-purposed blockchain, aimed at overcoming the existing difficulties with Ethereum and Tron.

Paolo Ardoino Backing With Plasma-Curve Partnering

Calling Stablecoins as the “trillion-dollar opportunity”, Plasma has partnered with Curve. This is to enable stablecoin swaps for traders via its ecosystem.

It has also decided to integrate Curve’s stablecoin, crvUSD, on its blockchain from Day 1. Curve Finance is renowned for its efficient, low‑slippage stablecoin and wrapped‑token liquidity pools.

It has over $10 billion in total value locked (TVL) across Ethereum, Arbitrum, and other chains – highlighting a substantial share it has in global stablecoin trading volume.

As part of the partnership, Plasma will deploy Curve’s automated market‑maker (AMM) to inject deep liquidity directly into Plasma’s zero‑fee rails.

Notably, Curve’s StableSwap AMM is a purpose-built automated market maker (AMM) designed specifically for efficient stablecoin trading. StableSwap optimizes for minimal slippage and lower fees when trading tokens of similar value, such as USDT, USDC, and DAI. This is unlike general-purpose AMMs like Uniswap, which use constant product formulas.

Thus, Curve’s AMM integration with Plasma will enable users to swap USDT and other stable assets with minimal cost and maximal capital efficiency.

Stablecoins as the “trillion dollar opportunity”?

Tether CEO Paulo Ardoino comments are hinting at the evolving opportunities in the stablecoin development and related infrastructure. Recently, his firm, Tether invested in Fizen as well – to expand stablecoin adoption and self-custody solutions.

With many stablecoin-focused projects coming up, major players such as Trump’s WLFI, Ripple, Polygon, are also tapping at the unlocked potential of Stablecoins.

And now the ongoing development of Bitcoin-based stablecoin blockchain, Plasma, with backing from Paolo Ardoino himself, can provide further boost to this. It is also set to boost the dominance of Tether’s USDt as the competition in the stablecoin market continues to heat up at an unprecedented pace.

Source: DeFiLlama

CEO Paolo Ardoino made his first association with Plasma in public limelight after participating in its $24 million funding in February this year. Plasma is also backed by Framework Ventures and crypto exchange Bitfinex.

Its specific features such as zero gas fees for USDT transfers unlike Ethereum and TRON’s expensive fees along with ultra-low latency, seems promising. It also doesn’t requires users to have native token to use Stablecoins – allowing users to pay in BTC or USDT.

Thus, as Plasma eyes its beta launch soon, it seems to have plans of becoming a major leader in the industry. The collaboration with new partners and backing from USDt firm CEO Paolo Ardoino are set to serve as stimuli for it.

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About Author

With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Brandtalk section, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.

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