Paolo Ardoino

Well-known cryptocurrency analyst Willy Woo asked an AI agent to provide a comparative analysis of Tether's (CRYPTO: USDT) asset backing versus a traditional bank, following concerns about the stablecoin issuer’s liquidity profile. Questions Over Tether’s Solvency Arise The conversation...

Paolo Ardoino, the CEO of Tether (CRYPTO: USDT), questioned on Wednesday the methodologies adopted by traditional rating agencies after the S&P downgraded the stablecoin issuer’s stability rating. Tether CEO Challenges TradFi Ratings Ardoino slammed S&P Global Ratings in an X post,...

Paolo Ardoino, CEO of Tether (CRYPTO: USDT), announced Wednesday that the stablecoin issuer holds more U.S Treasuries than countries like South Korea and Germany. Tether On Track To Be A $200 Billion Holder, Says CEO In an X post, Ardoino revealed that Tether has become the 17th largest holder of U...

Paolo Ardoino, CEO of Tether (CRYPTO: USDT), refuted claims Sunday that the stablecoin issuing company is selling Bitcoin (CRYPTO: BTC), while asserting its commitment to investing in “safe” assets. Tether Bullish On Bitcoin, Says Ardoino In an X post, Ardoino clarified that Tether...

Paolo Ardoino, CEO of stablecoin issuer Tether (CRYPTO: USDT), said Thursday that the company has no plans to go public, despite Circle Internet Financial’s (NYSE:CRL) success on Wall Street. What Happened: During an interview with entrepreneur and investor Anthony Pompliano, Ardoino...

In a significant development, the Senate passed the GENIUS Act on Tuesday, a bill establishing the country’s first regulatory framework for dollar-pegged stablecoins.  Prominent names tied to the cryptocurrency industry soon took to social media to celebrate the passage. What happened:...

Tether, the issuer of the world's largest stablecoin USDT (CRYPTO: USDT), is in active discussions with multiple ‘Big Four’ accounting firms to pursue a full financial audit, according to CEO Paolo Ardoino. The talks, he said, represent a dramatic change in tone from the auditing firms...

Anthony Pompliano said on his show this week that Tether (CRYPTO: USDT), the world's largest stablecoin issuer, has become “too big to fail” due to its expanding role in the U.S. financial system. What Happened: Addressing his followers on X, Pompliano emphasized that Tether’s...

Rumble Inc. (NASDAQ:RUM) is soaring, with shares jumping 44% pre-market after a $775 million investment from Tether (CRYPTO: USDT). Tether's Investment Boosts Rumble's Pre-Market Surge The deal involves Tether purchasing 103.33 million shares of Rumble Class A common stock at $7.50 per share,...

Rumble Inc. (NASDAQ:RUM) shares are soaring in after-hours trading Friday after the company announced it has entered into a definitive agreement for a strategic investment of $775 million from Tether.  The Details: Tether (CRYPTO: USDT) has agreed to purchase 103.33 million shares of Rumble Class A...

Paolo Ardoino, the CEO of stablecoin issuing company Tether, expressed alarm over OpenAI's security breach, claiming that decentralized artificial intelligence models are the strongest defense against such attacks.  What Happened: The man at the helm of affairs of a company behind the world's...

Bitdeer Technologies Group (NASDAQ:BTDR), a leader in Bitcoin mining and AI cloud solutions, received a $100 million investment from Tether International Limited. This substantial capital injection positions Bitdeer for substantial growth in the Bitcoin mining sector. Details of the Investment The...

Tether CEO Paolo Ardoino on Wednesday cautioned that a well-known email newsletter vendor used by numerous cryptocurrency firms might have been compromised. What Happened: “We received now two independent confirmations that a prominent vendor used by crypto companies to manage mailing lists...

Tether CEO Paolo Ardoino on Monday targeted Ripple (CRYPTO: XRP) CEO Brad Garlinghouse, labeling him “an uninformed CEO” and criticizing his commentary on its stablecoin, (CRYPTO: USDT), during ongoing SEC investigations and Ripple’s own stablecoin launch. What Happened: Ardoino...

In its 2023 annual report, Tether (CRYPTO: USDT) disclosed $6.2 billion in profits. CEO Paolo Ardoino emphasized the importance of the industry shifting toward blockchain solutions with real-world applications. What Happened: In a recent podcast with "The Wolf Of All...