cover of episode Tether's next big bet is on AI, says CEO Paolo Ardoino

Tether's next big bet is on AI, says CEO Paolo Ardoino

2024/5/24
logo of podcast The Scoop

The Scoop

Frequently requested episodes will be transcribed first

Shownotes Transcript

Paolo Ardoino is the CEO of Tether.

In this episode, Ardoino discusses the strategic vision of Tether and its expansion into new business units, including AI and education.

The current market cap of Tether's primary product USDT is hovering around $110 billion.

OUTLINE

00:00) Tether & Disintermediation

08:12) Tether’s New Strategies

17:44) Macroeconomics & USDT Growth

21:07) Tether’s Reserves

25:00) Tether Gold

27:22) AI Revolution

33:07) Tether’s AI Division

38:30) Tokenized RWAs

43:47) Closing Thoughts

This episode is brought to you by our sponsor Polkadot

*Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to *polkadot.network)

The Block Community

*The Block is launching a new community experience for fans of The Scoop! Follow us on Lens on stay in the loop: *hey.xyz/u/theblockcommunity)

The Block Newsletters

*The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit *theblock.co/newsletters)