The Wolf Of All Streets

Tether: The U.S. Dollar’s Secret Weapon (And Why They’re Buying Billions in Bitcoin) | Paolo Ardoino

Apr 13, 2025
In this engaging discussion, Paolo Ardoino, CEO of Tether and CTO of Bitfinex, sheds light on the transformative potential of stablecoins in reshaping global finance. He shares insights from his advocacy for crypto regulation and the critical role Tether plays in bolstering the U.S. dollar. The conversation explores stablecoins' benefits, the paradox of Bitcoin investment versus profitability, and Tether's significant Bitcoin acquisitions. Ardoino also highlights the challenges of navigating the evolving cryptocurrency landscape and emphasizes the importance of user privacy in future tech.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

First US Visit

  • Paolo Ardoino visited the U.S. for the first time, despite rumors he wouldn't.
  • He enjoyed the country and its food but found the coffee lacking compared to Italian standards.
INSIGHT

Stablecoins and Financial Inclusion

  • Tether's success stems from addressing financial inclusion challenges outside the US where dollar access is difficult.
  • US lawmakers now recognize stablecoins’ role in supporting the dollar and financial inclusion globally.
INSIGHT

Europe's Regulatory Shortcomings

  • European regulations often lack a broader perspective, hindering innovation and capital flow.
  • Internal divisions within Europe make it difficult to create a unified approach to technology and finance.
Get the Snipd Podcast app to discover more snips from this episode
Get the app