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Tether CEO: Tether is a company that creates important new features for coins.
In an interview with CNBC’s “Squawk Box,” Tether CEO Paolo Ardoino discussed the company’s history, holding U.S. Treasury bonds, auditing the company’s reserves, Trump-era crypto regulation, stablecoin competition, and more, and said that Tether is a company that creates important new features for money. Since taking office, Paolo Ardoino has led Tether to make significant progress in several areas, including driving the stablecoin USDT to become the largest USD stablecoin by market capitalization, and guiding the company to invest approximately $2.5 billion in renewable energy, artificial intelligence infrastructure, and more.