Getting to the Top of Cryptocurrency Markets

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Tether is a stable coin, a digital token that you can transact with in the crypto markets. The number of tether tokens had in circulation grew from 20 billion to 80 billion last year. There's tech there for also amanual hans on side, which is interacting with traditional financial system. That involves quite a small number of people who run tether.

Behind the Money, our in-depth business podcast, has just relaunched! We wanted to share one of our most recent episodes. Follow the show on Apple Podcasts, Spotify, Stitcher or Acast.

On this episode, we’re diving back into the world of stablecoins for part 2 of 2 in our miniseries on crypto. This time, it’s a story filled with troubled companies and a real life fire that sends a business up in smoke. With the help of FT reporters Kadhim Shubber and Siddharth Venkataramakrishnan, we dig into the professional histories of two executives who sit atop two of crypto’s most important businesses: stablecoin issuer Tether and exchange Bitfinex.

Clips courtesy CSPAN

For further reading:

Tether’s CEO: from IT sales to calling the shots in crypto land

Tether: the former plastic surgeon behind the crypto reserve currency

The week that shook crypto

On Twitter, follow FT reporters Kadhim Shubber (@Kadhim), Siddharth Venkataramakrishnan (@SVR13) and Ethan Wu (@EthanYWu)

Read a transcript of this episode on FT.com

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