Paolo Ardoino

Paolo Ardoino, CEO of stablecoin issuer Tether (CRYPTO: USDT), said Thursday that the company has no plans to go public, despite Circle Internet Financial’s (NYSE:CRL) success on Wall Street. What Happened: During an interview with entrepreneur and investor Anthony Pompliano, Ardoino...

In a significant development, the Senate passed the GENIUS Act on Tuesday, a bill establishing the country’s first regulatory framework for dollar-pegged stablecoins.  Prominent names tied to the cryptocurrency industry soon took to social media to celebrate the passage. What happened:...

Tether, the issuer of the world's largest stablecoin USDT (CRYPTO: USDT), is in active discussions with multiple ‘Big Four’ accounting firms to pursue a full financial audit, according to CEO Paolo Ardoino. The talks, he said, represent a dramatic change in tone from the auditing firms...

Anthony Pompliano said on his show this week that Tether (CRYPTO: USDT), the world's largest stablecoin issuer, has become “too big to fail” due to its expanding role in the U.S. financial system. What Happened: Addressing his followers on X, Pompliano emphasized that Tether’s...

Rumble Inc. (NASDAQ:RUM) is soaring, with shares jumping 44% pre-market after a $775 million investment from Tether (CRYPTO: USDT). Tether's Investment Boosts Rumble's Pre-Market Surge The deal involves Tether purchasing 103.33 million shares of Rumble Class A common stock at $7.50 per share,...

Rumble Inc. (NASDAQ:RUM) shares are soaring in after-hours trading Friday after the company announced it has entered into a definitive agreement for a strategic investment of $775 million from Tether.  The Details: Tether (CRYPTO: USDT) has agreed to purchase 103.33 million shares of Rumble Class A...

Paolo Ardoino, the CEO of stablecoin issuing company Tether, expressed alarm over OpenAI's security breach, claiming that decentralized artificial intelligence models are the strongest defense against such attacks.  What Happened: The man at the helm of affairs of a company behind the world's...

Bitdeer Technologies Group (NASDAQ:BTDR), a leader in Bitcoin mining and AI cloud solutions, received a $100 million investment from Tether International Limited. This substantial capital injection positions Bitdeer for substantial growth in the Bitcoin mining sector. Details of the Investment The...

Tether CEO Paolo Ardoino on Wednesday cautioned that a well-known email newsletter vendor used by numerous cryptocurrency firms might have been compromised. What Happened: “We received now two independent confirmations that a prominent vendor used by crypto companies to manage mailing lists...

Tether CEO Paolo Ardoino on Monday targeted Ripple (CRYPTO: XRP) CEO Brad Garlinghouse, labeling him “an uninformed CEO” and criticizing his commentary on its stablecoin, (CRYPTO: USDT), during ongoing SEC investigations and Ripple’s own stablecoin launch. What Happened: Ardoino...

In its 2023 annual report, Tether (CRYPTO: USDT) disclosed $6.2 billion in profits. CEO Paolo Ardoino emphasized the importance of the industry shifting toward blockchain solutions with real-world applications. What Happened: In a recent podcast with "The Wolf Of All...

Tether’s (CRYPTO: USDT) fourth-quarter attestation report recorded significant profits, with a substantial portion coming from the company's gold and Bitcoin holdings. The stablecoin issuer is looking forward to a promising 2024. What Happened: Tether reported a profit of $...

A blockchain monitoring and analytics platform said that Tether (CRYPTO: USDT) Treasury has generated an additional 1 billion USDT tokens. What Happened: The event was logged on the Ethereum (CRYPTO: ETH) network and represents a sizable expansion to Tether’s existing supply. Tether CEO Paolo...

Stablecoin issuer Tether (CRYPTO: USDT), in collaboration with crypto exchange OKX, Monday announced the freezing of approximately $225 million in USDT tokens that were identified in external self-custody wallets linked to a Southeast Asian human trafficking syndicate involved in a...

In a move towards greater transparency, Tether Holdings, the entity behind the stablecoin Tether (CRYPTO: USDT), is said to be revising its approach to publishing reserve data reports. As the crypto community gears up for Benzinga's Future of Digital Assets conference on Nov. 14, this...