Navigating Relationships and Regulations in the Stablecoin Market

Paolo Ardoino, the CEO of Tether, rejoins the show for a timely discussion. In this episode:

• How is Paolo feeling about political trends in the US today?
• Tether is the 7th-largest buyer of USTs at the sovereign level
• Paolo’s decision to spend more time in the US
• What does Paolo make of the stablecoin bills in Congress?
• Does Tether want to eventually come onshore to the US?
• Tether is pursuing a Big 4 Audit
• The effect of Operation Choke Point 2.0 on Tether
• Tether is moving their HQ to El Salvador
• Paolo’s thoughts on stablecoins in MiCA
• How does Tether get to the figure of 400m global users of the stablecoin?
• Tether’s efforts to better understand their userbase and usage modes
• Tether’s methodology around balance sheet investing
• Is Paolo concerned about crypto-dollarization?
• Tether’s relationship with Cantor now that Lutnick is Commerce Secretary
• Is Paolo concerned about the emergence of interest-bearing stablecoins?

See also:

• On The Brink ep.87: Paolo Ardoino (Bitfinex/Tether) – Managing the growth of Tether (June 2020)