Paolo Ardoino and Tether’s $120B Stablecoin Empire | CoinDesk Spotlight

Tether CEO Paolo Ardoino joins Bullish CEO Tom Farley on “CoinDesk Spotlight” to discuss the rise of USDT, the largest stablecoin with a nearly $120 billion market cap. Plus, the secret behind Tether’s profitability and its role in revolutionizing the world of finance. Paolo also answers some of the crypto community’s challenging questions about the third-largest crypto asset.

This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

Timestamps:
00:00 Cold Open
00:48 Intro
02:12 Paolo’s Journey: From Coding to Crypto
03:44 The Birth of Tether
08:01 Tether’s Strategy and Vision
10:28 How Tether Beats the Competition
17:51 Tether’s Focus on the Unbanked
22:32 Tether’s Investment in U.S. Treasuries
24:22 Tether’s Compliance and Security Measures
32:05 Addressing Skepticism and Future Plans
40:47 MiCA and What It Means for Stablecoins

#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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