🚀💰 Tether's CEO is ready to break out: "Once in a hundred years opportunity" 📈📉
Paolo Ardoino claims that the company has made more money than he dreamed of. They now plan to use this positive balance to replicate their success with the digital dollar in the fields of data, artificial intelligence and education.
In this interview, we talk about how the company's strategy has evolved since he became CEO; on how it adapts to new competitors like State Street and increasing regulations.
He also answered about whether they will issue tokens that generate profit and how the presidential election could affect Tether and stablecoins in general.
Forbes: You have been CEO of Tether since December. How has the company's strategy evolved since then?
Paolo Ardoino: Since I took the helm, we have transformed Tether so that it is no longer just a stablecoin company. Although saying we are “just a stablecoin” underestimates our impact, because USDT is the largest stablecoin on the market by volume, surpassing Bitcoin, Ether, and many other tokens combined.
Its user base grows every day and has more than 350 million users worldwide. For many companies, that's enough. However, one of the things we realized as a company (as did I because of my technology background) is that what we did with stablecoins was called disintermediation. #Write&Earn