- Paolo Ardoino to become Tether CEO, managing $84 billion in USDT stablecoins.
- Tether’s USDT dominates the stablecoin market but faces scrutiny over transparency.
- Ardoino aims to enhance transparency with real-time reserve data and expand into renewable energy.
Paolo Ardoino, the Chief Technology Officer of the USDT stablecoin firm Tether, is about to become a more prominent figure in the crypto industry come December this year. In particular, Ardoino will be assuming the CEO role in Tether, the third largest crypto project, to manage over $84 billion in stablecoins.
While Tether’s top leadership has typically maintained a low public profile, Ardoino has been the face of the firm, relentlessly dispelling FUDs targeted at USDT. In a recent interview with Bloomberg, Ardoino humorously confirmed his unofficial frontman position for Tether. The incoming Tether CEO remarked:
Our CEO and our CFO are among the smartest people you could ever meet. But also, they are not public people. We pulled from sticks, and I had the shortest one.
Besides, Bloomberg mentioned that the Italian software developer is not known for gracing magazine covers, taking selfies with …
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