Tether CEO Paolo Ardoino Hails ‘Unparalleled Growth Opportunity’ As Plasma-Curve Partner
CEO Paolo Ardoino of the largest stablecoin (USDT) issuer company, Tether, has revealed the next “unparalleled growth opportunity” in web3.
In a recent X post, he called the ongoing growth in the development of stablecoin related infrastructure as the unprecedented growth opportunity” with the current total market cap of stablecoin market surpassing $234 billion.
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 too.
Notably, Plasma is building itself as the stablecoin-purposed blockchain, aimed at overcoming the existing difficulties with Ethereum and Tron.
Unparalleled growth opportunity https://t.co/fbTfTBIr6h
— Paolo Ardoino
(@paoloardoino) April 17, 2025
Paolo Ardoino Backing And Plasma-Curve Partnership
Calling Stablecoins as the “trillion-dollar opportunity”, Plasma has partnered with Curve 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 of 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.
Curve and Plasma are deeply aligned in our focus on efficient design, deep liquidity, and stablecoin-native infrastructure.
This partnership enables tight swaps for traders and top-tier yields for LPs, reinforcing Plasma as the best network for stablecoins.
— Plasma (@PlasmaFDN) April 21, 2025
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 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 is 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 can also boost the dominance of Tether’s USDt as the competition in the stablecoin market continues to heat up at an unprecedented pace.
Notably, 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, the collaboration and integration with new partners with Paolo Ardoino backing, it seems to have plans of becoming a major leader in the industry.
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