Paolo Ardoino is an Italian computer scientist. He is the CEO of Tether, CTO of Bitfinex, and CTO of Holepunch.
He retweeted a post suggesting that USDT will not be considered illegal in Europe on December 30
On December 29, Paolo Ardoino, CEO of Tether, retweeted a post by the co-founder of weRate and CEO of JAN3 on the X platform. The tweet stated that there is a lot of “fear, doubt, and uncertainty” about USDT in the current market. However, the reality is that USDT will not be considered illegal in Europe on December 30, 2024. MiCA rules must be complied with, but stablecoin providers have a transition period of 6-18 months. Some exchanges are waiting for clear information.
Paolo also hinted that there are parties seeking to discredit both BTC and tether to pass another agenda seeking to serve certain technologies.?!