Episode description

In this episode of Crypto 101 we sit down with Paolo Ardoino, CEO of Tether, to explore the transformativez role of stablecoins in the cryptocurrency industry. Paolo shares his journey from Bitfinex to Tether, reflecting on the rapid growth of USDT, now the third-largest cryptocurrency by market cap. The discussion delves into Tether’s critical role in global markets, particularly in high-inflation regions like Argentina and Turkey, where stablecoins offer an alternative to failing national currencies. Paolo also addresses Tether's commitment to transparency and its fully-backed reserves, explaining how Tether maintains 104% reserves to cover all issued USDT. Additionally, the episode touches on Tether’s expansion into artificial intelligence and peer-to-peer technology, as the company looks to innovate beyond finance and create technology for a more resilient future.