Global #Paolo Ardoino

Tether, the issuer of the popular stablecoin USDT, is marking its 10th anniversary by reflecting on its journey and the impact of its flagship product.

Tether, the company behind the world’s largest stablecoin, has announced a significant investment of $1.5 million in Sorted Wallet, a financial technology platform designed to improve accessibility to cryptocurrencies for underserved populations in Africa and South Asia.

On September 16th, Whale Alert, a prominent blockchain analytics platform, flagged a significant transaction involving Tether (USDT) on the Ethereum network.

Brock Pierce, a key figure in the cryptocurrency realm and co-founder of Tether, is currently navigating a storm of legal challenges. Tether, the issuer of the widely used stablecoin USDT, is preparing to defend itself against a high-stakes lawsuit filed by Celsius Network, the now-bankrupt crypto lender.

In a recent discussion, Paolo Ardoino, Tether's CTO, reiterated his strong preference for Bitcoin over Ethereum, underscoring the distinctive qualities he believes set Bitcoin apart. Ardoino’s stance reflects a broader debate within the cryptocurrency community about the comparative merits of these two major digital assets.

Kraken, a prominent cryptocurrency exchange, is considering removing Tether's USDT stablecoin from its European platform due to forthcoming regulations from the European Union.