‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings
Paolo Ardoino criticizes EU rules that could force stablecoin issuers to rely on fragile banks and warned about potential bank failures in the future.
Paolo Ardoino
Tether’s Paolo Ardoino: ‘If the U.S. Government Wanted to Kill Us, They Can Press a Button’
The leading stablecoin issuer is comfortable holding its T-bills at a U.S. institution because it respects international sanctions, CEO Ardoino said in an interview.
Tether’s USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino
Ardoino says there’s more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.
Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations.
Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany’s
The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.
Tether Promotes Paolo Ardoino to CEO
Paolo Ardoino appointed new CEO at Tether.