The Pomp Podcast

#1564 Paolo Ardoino | Tether Is A $2 TRILLION Company?!

53 snips
Jun 19, 2025
Paolo Ardoino, CEO of Tether and CTO of Bitfinex, dives into the world of stablecoins and their upcoming role in global finance. He discusses Tether’s compliance with recent U.S. legislation, emphasizing its potential for financial inclusion in high-inflation areas like Turkey and Nigeria. The conversation also touches on Tether’s strategic partnership with Cantor Fitzgerald and the evolving relationship between cryptocurrency and traditional finance. On a futuristic note, Ardoino explores AI investments and the vision for decentralization, advocating for user privacy and resilience.
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INSIGHT

US Stablecoin Bill Impact

  • The US stablecoin bill will set a global template and elevate compliance standards for stablecoins worldwide.
  • Tether aims to comply fully and develop two distinct stablecoins for differing markets: the US and emerging economies.
INSIGHT

Tether Focuses on Emerging Markets

  • Tether dominates in emerging markets by understanding and serving everyday people, unlike banks focused on the US financial elite.
  • Stablecoins greatly improve financial efficiency in developing countries more than in the US.
INSIGHT

User Behavior and Dollar Use

  • Around 37% of USDT users treat it as a savings account due to their local currencies' high inflation and devaluation.
  • Tether educates users about Bitcoin first, then stablecoins, and sees demand growing for Tether Gold as a stable store of value.
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