In this episode of The Wolf Of All Streets podcast, I sit down with Paolo Ardoino, CTO of Tether, as we delve into the details of Tether's massive Bitcoin investment and its commitment to transparency. Paolo dissects several significant events such as a staggering $7 billion USDT redemption in 48 hours, discusses potential de-pegging, and analyzes how Tether assists the USD. Amid regulatory ambiguity, Ardoino sheds light on Tether's efforts to educate regulators, the role of stablecoins in the market, and the impact of the crypto market reopening in China/Hong Kong.
Paolo Ardoino:
https://twitter.com/paoloardoino
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#Bitcoin #Crypto #Tether
0:00 Intro
1:17 FOIL
4:03 Curve pool
6:10 $7 Billion USDT in redemptions in 48 hours
9:37 De-peg
11:50 Educating the regulators
16:50 Security issues
17:27 How Tether helps USD
19:45 Stablecoin regulatory clarity
23:00 China/Hong Kong reopens to crypto
24:40 Tether buys Bitcoin
The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.
