#343 Paolo Ardoino – How Tether (USDT) Works

Zuby is joined by Tether CEO Paolo Ardoino to discuss cryptocurrency and the future of stablecoins. Paolo explains how Tether (USDT) works and the global use case for it. The two discuss the 2017 crypto catalyst, demand for ‘digital dollars’, and Tether’s developments over the next decade. Paolo gets transparent about how Tether makes money and dispels the controversy that has enveloped the company over the years. The two also explore the rate of technological innovation and how the cryptocurrency industry will progress.

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Timestamps:

(00:00) Introduction

(05:18) What is Tether?

(07:30) 2017 crypto catalysts

(10:33) Why do we need digital dollars?

(16:31) Macro outlook & Tether over the next decade

(27:53) How does Tether make money?

(32:28) Clarity on Tether’s progress

(46:15) Tether’s investments

(59:48) The rate of technological change

(1:05:58) Cusp of demise or human flourishing?

(1:07:39) How the cryptocurrency industry will progress

(1:10:15) Outro

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