AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Intro
This chapter explores Tether's impressive financial performance, including a net operating profit of 1.3 billion and significant reserves in US treasuries. It also discusses the company's plans to invest in Bitcoin and its exploration of new technologies for stablecoin issuance.
In this episode, we start by delving into Tether's Q2 2024 attestation, highlighting their remarkable financial achievements and commitment to creating a stable and resilient stablecoin. Following this, we dive into the Pear initiative's zero-cost, peer-to-peer infrastructure, discuss Keet's open-source capabilities, and examine the impact of eliminating server dependency with insights from Paolo Ardoino and Mathias Buus.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
03:07 - Tether's Q2 2024 financial highlights, including $1.3 billion in net operating profit and $5.33 billion in excess reserves.
04:46 - The strategic positioning of Tether in the U.S. Treasuries market and its impact on financial stability.
08:47 - Tether's commitment to supporting users in emerging markets and developing countries with their stablecoin reserves.
23:17 - What the Pear initiative aims to achieve with zero-cost, peer-to-peer infrastructure.
26:43 - The potential and functionality of Keet, an open-source platform.
29:15 - How tunneling technology, similar to SSH, enhances secure peer-to-peer access.
31:06 - Details about the peer viewer app offering remote desktop services without servers.
34:25 - Paolo's mission to eliminate server dependency and the launch of a VC fund for companies building on the Pear protocol.
37:30 - The open-source aspects of Keet and how it handles code auditability.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
NEW TO THE SHOW?
Support our free podcast by supporting our sponsors:
HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
Listen to all your favourite podcasts with AI-powered features
Listen to the best highlights from the podcasts you love and dive into the full episode