Tether can offer value as an investment depending on your goals and geographic location. Here are some scenarios where Tether could benefit investors:

Portfolio Stability

As a stablecoin, Tether reduces volatility in your portfolio. This makes it a useful tool to maintain stability during uncertain market conditions. 

Exposure to the US Dollar

Tether’s value is linked to the USD, which means it can serve as a hedge against local currency devaluation. 

If you’re based outside of the United States and you believe the USD will appreciate against your home currency, holding Tether could protect your purchasing power.

Financial Success and Influence

While Tether has been criticized for its lack of transparency around reserves, it is the world’s biggest stablecoin and has seen major success. 

In 2023, Tether reported profits of $6.2 billion, outperforming major financial institutions like BlackRock. This level of financial success suggests that Tether has become a significant player in global finance, which could signal long-term stability.