Tether CTO Paolo Ardoino Believes US Technical Default Unlikely, Highlights Consequences
He said so on The Scoop podcast Ardoino thinks the parties in Congress will still reach an agreement Since the consequences would be catastrophic if not CTO of Tether Paolo Ardoino thinks a scenario in which the US declares a technical default is unli ...
Tether Collaborates with Tbilisi Business and Technology University to Foster Blockchain Education
The management of the operator of the largest stabelcoin by capitalization Tether signed an agreement with Tbilisi Business and Technology University (BTU). The company said the partnership will give students the knowledge and skills they need to work in the digital econo ...
Tether’s CTO Advocates Against Banning Solutions and Highlights Exchange Queue Issues
According to Tether's CTO, the two solutions should not be banned And the current queue problems are a "puncture" of the big CEX The Blockchain Week Rome 2023 conference concluded last week.. Tether CTO Paolo Ardoino was among the speakers at the event. In a p ...
Tether’s CTO Ensures Monitoring of Customers for Sanctions Violations
Tether Chief Technology Officer Paolo Ardoino said the company is monitoring all customers for sanctions violations. "We automatically monitor all customers for potential sanctions violations on an ongoing basis using World-Check," Paolo Ardoino wrote ...
Tether Transfers Funds to Bahamas using Signature Bank’s Payment Platform, Signet
Tether Uses Signet to Transfer US Dollar Funds to Bahamas Banking Partner. According to recent reports, Tether, the issuer of USDT stablecoin, used Signet, the payment platform of Signature Bank, to transfer US dollar funds to its banking partner, Capital Union Bank, in the Bahamas. The transf ...
Tether CTO Reveals $1.6B Excess Reserves to Back USDT Stablecoin
During an interview, Paolo Ardoino, the CTO of Tether, made a significant announcement regarding the company's excess reserves. According to Ardoino, Tether currently has approximately $1.6 billion in reserves to support its stablecoin, USDT. Tether's USDT is backed by a variety of real assets, i ...
Tether’s CTO Believes Bitcoin Could Beat Its Previous Record Amid Banking Crisis and Economic Uncertainty
According to Tether's CTO, amidst the current banking crisis and global economic uncertainty, Bitcoin's exchange rate may exceed its previous record of $68,000. Speaking at a conference in Paris, Paolo Ardoino noted that many traditional investors are now afraid of large banks collapsing. He a ...