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cover of episode #1442 Paolo Ardoino | Bitcoin Is The Perfect Currency Says Tether CEO

#1442 Paolo Ardoino | Bitcoin Is The Perfect Currency Says Tether CEO

2024/11/22
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The Pomp Podcast

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Paolo Ardoino explains why Tether focuses on emerging markets where financial inclusion is lacking and stablecoins like USDT are crucial for economic stability.
  • Tether avoids saturated markets like the U.S. where alternatives to stablecoins are abundant.
  • Emerging markets with high inflation and limited banking options benefit significantly from stablecoins.
  • Tether's focus is on regions where people lack basic financial services, such as savings accounts and checkbooks.

Shownotes Transcript

Paolo Ardoino is the CEO of Tether. This episode was recorded at Crypto Investor Day in New York. In this conversation we discuss, stablecoins, growth metrics, institutional adoption, how investors can benefit from stablecoins, possibility of Tether going public, why bitcoin is perfect currency, and how stablecoins will impact central banks. 

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Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

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