#Tether taps #Chainalysis ' former Chief Economist to help communicate with regulators and stakeholders .
Tether announced the appoint of Philip Gradwell as Head of Economics.
Gradwell previously spent six years as Chief Economist at Chaiannounced as the blockchain analytics firm’s Chief Economist — as the stablecoin issuer’s Head of Economics.
Gradwell's responsibilities will include "quantifying the Tether economy and communicating the ways Tether is used to regulators and stakeholders," according to a press release.
Tether also stressed Gradwell's role in supporting the U.S. dollar — to which the largest stablecoin, Tether's $USDT, is redeemable on a one-to-one basis.
"Philip’s expertise will enable Tether to bring even further understanding to our indispensable role in supporting the dollar," Ardoino added.
