Paolo Ardoino on Tether's Billion-Dollar Profits, Plans to Buy Bitcoin, & USDT Adoption

The Scoop · May 26, 2023, 7:34AM EDT · 34:23

Tether & Bitfinex CTO Paolo Ardoino on how Tether is planning to use the $1.5 billion in profit generated during Q1 of this year.

PODCAST INFO:
Website: https://bit.ly/3WTYKkh
Apple Podcasts: https://bit.ly/43w70Zz
Spotify: https://bit.ly/3C2jpJ8
Full episodes playlist: https://bit.ly/45BNCMD

OUTLINE:
1:30 — USDT growth on Tron 💥
4:16 — Tether user behavior 💵
6:18 — Success in emerging markets 🪴
9:28 — US debt default & USDT 🇺🇸
14:26 — Ongoing bitcoin purchases 🌰
17:20 — Bitcoin v. other cryptocurrencies 💩
20:18 — State of the market 🥱
24:05 — What’s next for Tether? 🔭
27:00 — Tether & VC 🤝
28:56 — Regulation 🧑‍⚖️

SOCIAL:
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This episode is brought to you by our sponsor CleanSpark.

CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner™. Visit https://www.cleanspark.com/theblock/ to learn more about the CleanSpark way.

#crypto #USDT #blockchain

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