Tether CEO: Tether is a company that is creating important new features for money
2025-05-23 12:05:22
Speaking to CNBC's "Squawk Box", Tether CEO Paolo Ardoino discussed the company's history, holdings of U.S. Treasury bonds, reserves for auditing firms, crypto regulation in the Trump era, stablecoin competition, and more. He said that Tether is a company that creates important new features for currencies. Paolo Ardoino has led Tether to significant progress in several areas since taking office, including pushing the stablecoin USDT to become the largest U.S. dollar stablecoin by market capitalization and guiding the company to invest around $2.50 billion in renewable energy, artificial intelligence infrastructure, and more.
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