Paolo Ardoino, CEO at Tether & CTO at Bitfinex, discusses the success of Tether, a $112 billion stablecoin. We talk about the factors that will make Tether a dominant player in the stablecoin market, Bitcoinization, tokenization of real-world assets, MiCA regulation, and investments the Tether team is doing outside of crypto. Don't miss this episode of The Wolf Of All Streets podcast!
Paolo Ardoino: https://x.com/paoloardoino
►► Sponsored by iTrust Capital
Invest in Bitcoin, Crypto Assets & Gold with Your IRA Using iTrust Capital.
👉 https://bit.ly/itrust-scott)
►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEKDAY!
👉https://thewolfden.substack.com/)
►► The Arch Public
Unleash algorithmic trading. Discover how algorithms used by hedge-funds are now accessible to traders looking for unparalleled insights and opportunities!
►►OKX
SIGN UP FOR AN OKX TRADING ACCOUNT THEN DEPOSIT & TRADE TO UNLOCK MYSTERY BOX REWARDS OF UP TO $60,000!
👉https://www.okx.com/join/SCOTTMELKER)
►►TRADING ALPHA
READY TO TRADE LIKE THE PROS? THE BEST TRADERS IN CRYPTO ARE RELYING ON THESE INDICATORS TO MAKE TRADES. Use code 'TENOFFSALE' for a 10% discount.
👉https://tradingalpha.io/?via=scottmelker)
►►NGRAVE
This is the coldest hardware wallet in the world and the only one that I personally use.
👉https://www.ngrave.io/?sca_ref=4531319.pgXuTYJlYd)
►►NORD VPN
GET EXCLUSIVE NORDVPN DEAL - 40% DISCOUNT! IT’S RISK-FREE WITH NORD’S 30-DAY MONEY-BACK GUARANTEE. PROTECT YOUR PRIVACY!
👉 https://nordvpn.com/WolfOfAllStreets)
Follow Scott Melker:
Twitter: https://twitter.com/scottmelker)
Web: https://www.thewolfofallstreets.io)
Spotify: https://spoti.fi/30N5FDe)
Apple podcast: https://apple.co/3FASB2c)
#Bitcoin #Crypto #Trading
Timestamps:
0:00 Intro
1:25 Running Bitfinex & Tether
3:27 iTrustCapital
4:25 Business model
6:40 Investing beyond Tether
12:50 Synthetic dollar backed by gold
18:00 Vetting RWAs
24:00 Tokenizing legacy markets
27:30 MiCA regulation
31:00 Creating safe environment
33:50 T bills
37:00 Stablecoins are best friends of USD
41:00 Bitcoinization
47:25 Stablecoins vs banks
49:50 Tron
51:50 Education
53:20 Wrap up
The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.