Paolo Ardoino News

Tether announced a reorganization to expand into other areas besides stablecoins.

In 2023, Tether’s (USDT) stablecoin market share increased from 50% to 71%. According to Glassnode, since the beginning of 2023, the supply of USDT stablecoin has increased by $28.7 billion. At the same time, on Jan. 14, 2024, the capitalization…

Paolo Ardoino, Tether CEO, recently highlighted the company's significant earnings and emphasized the global use of USDT as a hedge against inflation.

The Bitfinex Securities platform is preparing to issue its first tokenized bonds in November.

The firm behind the USDT stablecoin says its current boss Jean-Louis van der Velde will transition to an advisory role for Tether.

According to a Fortune article, El Salvador’s so-called Volcano Bond issue is still experiencing delays due to a lack of investor interest and a legislative snag. Earlier this year, the government planned to issue $1 billion BTC supported bonds. Legislation…

On Monday 27th, Tether CTO Paolo Adorino explained the backing of the Tether stablecoin. Paolo Noted that the network has successfully reduced the USDT commercial paper exposure from $45 billion to $8.4 billion. This comes after the network has faced…

In a podcast hosted by Peter McCormack, Stuart Hoegner, the General Counsel of Bitfinex—an exchange closely related with Tether Limited, revealed that the official issuer of the USDT stablecoin, Tether Limited, might get audited. Assets backing the token could, therefore,…

Over the last few days, Bitcoin has been on a meteoric rise hitting new all-time highs for 2020. This latest stride has opened up new doors for those using Bitcoin’s Lightning Network. Lightning users are bracing themselves for the bull…

Paolo Ardoino, CTO of cryptocurrency exchange Bitfinex, claims the company has raised capital for its billion-dollar initial enterprise offering (IEO) through private placements from investors in iFinex Ltd, the parent of both Bitfinex and Tether, in a tweet on 13…