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Paolo Ardoino, Tether’s former CTO who is now the CEO of the leading stablecoin project, recently highlighted the company’s significant earnings and emphasized the global use of USDT as a hedge against inflation. Ardoino told the Wolf of All Streets Podcast that Tether (USDT) has grown in circulation over the past
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The firm behind the USDT stablecoin says its current boss Jean-Louis van der Velde will transition to an advisory role for Tether. The issuer of the largest stablecoin by market capitalization USDT, Tether Limited, has appointed Paolo Ardoino as the firm’s new head. In a blog announcement on Friday, Oct. 13,
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Tether, the issuer of the world’s largest stablecoin by market capitalization, is replacing its CEO as the company works to expand its areas of focus.Paolo Ardoino, who has been serving as Tether’s chief technology officer since 2017, will become the new CEO of the firm in December 2023, Tether announced
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“Paolo is extremely well-suited to lead Tether into this exciting new era,” said Jean-Louis van der Velde. “I believe Tether is poised to continue its rapid growth, with a continued focus on emerging markets and transformative technology. I think I can speak for the entire company when I say that
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The Brazilian city of Sao Paolo has introduced the concept of blockchain in its municipal data access and transparency law. The concept of blockchain is defined as a technology that can be of use in this field, but the city has not defined the structures or the implementation for its
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A court in Sao Paolo, Brazil, ruled against Binance in a case in which the leading cryptocurrency exchange faced a withdrawal-related complaint. A user, who introduced a lawsuit against the exchange because he couldn’t retrieve his funds from the platform, received almost $2,000 in damages and the funds deposited as
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What happened here was not a mistake; it is not that they were hacked. They took several decisions to put at risk customer assets. The crypto industry saw dark days over the past week. FTX, the former second-largest exchange in the world, crumbled. The fallout continues to ripple across the industry,
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To that end, said Ardoino, rather than trying to go to quick mass use, it was more important that things worked properly and smoothly for the initial adopters. He’s now expecting 1,000 Lugano merchants to have bitcoin point-of-sale in their businesses in the first quarter of 2023. Original Source
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The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, the exchange in which these bonds will be offered, stated that the law framework needed for
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El presidente de El Salvador, Nayib Bukele, anunció en noviembre pasado por primera vez los planes para recaudar $1000 millones a través de bonos respaldados por bitcoin, poco después de que El Salvador se convirtiera en el primer país del mundo en adoptar bitcoin como moneda de curso legal, en
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