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Home»ADOPTION NEWS»CEO Paolo Ardoino says Tether’s next big investment will be in AI.
ADOPTION NEWS

CEO Paolo Ardoino says Tether’s next big investment will be in AI.

By Crypto FlexsMay 25, 20242 Mins Read
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CEO Paolo Ardoino says Tether’s next big investment will be in AI.
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Posted 1 minute ago In ~

Updated: May 24, 2024 11:24 AM EDT

Episode 30 of The Scoop Season 6 was recorded as follows: The Block’s Frank Chaparro and Tether CEO Paolo Ardoino.

Listen below and subscribe to The Scoop on YouTube. apologize, spotify, Google Podcasts, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).


Paolo Ardoino is the CEO of Tether.

In this episode, Ardoino discusses Tether’s strategic vision and expansion into new business units, including AI and Education.

The current market capitalization of USDT, Tether’s main product, is approximately $110 billion.

outline

00:00 Tether and Disintermediation

08:12 Tether’s new strategy

17:44 Macroeconomics and USDT Growth

21:07 Tether’s Reserve

25:00 tether gold

27:22 AI Revolution

33:07 Tether AI Division

38:30 Tokenized RWA

43:47 Closing Thoughts


This episode is brought to you by our sponsor Polkadot.

Polkadot is a blockspace ecosystem for infinite innovation. To learn more, visit polkadot.network.

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The Block’s newsletter provides the latest news and analysis on the rapidly changing cryptocurrency and DeFi markets. To subscribe, visit theblock.co/newsletters.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Davis Quinton is the Director of Podcasts at The Block and has a flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an ‘intern’ in early 2022, he has worked closely with leaders across the department to translate The Block’s written content into engaging multimedia formats. He is a graduate of the Department of Social Studies & Public Policy at New York University, Abu Dhabi, and is based in Sydney, Australia.

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