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Tether CEO Paolo Ardoino announced at X the launch of TradeFi, a new service designed to facilitate global trade through innovative financing solutions. TradeFi expands Tether's growing product portfolio, which already includes stablecoins, asset tokenization, and wallet power builder. This latest service aims to streamline international trade by providing financing solutions that reduce costs and increase efficiency. The platform will facilitate the...
Paolo Ardoino, CEO of Tether, wrote on the X platform: "USDT is the best ally for dollar supremacy. Over the past 10 years, Tether has built the broadest and most sophisticated physical and digital distribution network of any emerging market. From field operations to payment processors, from thousands of self-service end points in Africa to global digital platforms, it is present in almost every region. Few understand this. But that is finally changing. "
On February 13, Tether CEO Paolo Ardoino wrote that JPMorgan analysts were unhappy because they did not own bitcoin. Previously, JPMorgan analysts reported that in order to comply with proposed stablecoin regulations in the United States, Tether may need to sell some non-compliant assets - including bitcoin, precious metals, corporate paper and secured loans.
Paolo Ardoino, chief executive of Tether, predicts that quantum computing will eventually crack inactive bitcoin wallets and put the coins in those wallets back into circulation. But he says this is still a long way off. "Any lost bitcoin in a wallet, including Satoshi's [if not alive] bitcoin, will be hacked and re-circulated". "Quantum computing is nowhere near any meaningful risk of cracking bitcoin encryption."
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