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Tether CEO: There are currently no plans to take Tether public

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2024-10-25 16:10:24
Paolo Ardoino, Tether's chief executive, said he had no immediate plans to take Tether public because he believed it would undermine the company's ability to move quickly and "disrupt the status quo," according to Eleanor Terrett, a Fox business correspondent. He believes he believes a company should go public when it needs access to capital and liquidity, which Tether has not faced with $12 billion in profits over the past two years.
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