Bitcoin Boom: Tether's Massive Investment and Total Transparency, Revealed by Paolo Ardoino
In this episode of The Wolf Of All Streets podcast, I sit down with Paolo Ardoino, CTO of Tether, as we delve into the details of Tether's massive Bitcoin investment and its commitment to transparency. Paolo dissects several significant events such as a staggering $7 billion USDT redemption in 48 hours, discusses potential de-pegging, and analyzes how Tether assists the USD. Amid regulatory ambiguity, Ardoino sheds light on Tether's efforts to educate regulators, the role of stablecoins in the market, and the impact of the crypto market reopening in China/Hong Kong.\n\nPaolo Ardoino:\xa0\nhttps://twitter.com/paoloardoino\n\n\u25ba\u25ba OKX\nSign up for an OKX Trading Account then deposit & trade to unlock mystery box rewards of up to $10,000!\xa0\n\U0001f449\xa0https://www.okx.com/join/SCOTTMELKER\n\n\u25ba\u25baTHE DAILY CLOSE\nBRAND NEW NEWSLETTER! INSTITUTIONAL GRADE INDICATORS AND DATA DELIVERED DIRECTLY TO YOUR INBOX, EVERY DAY AT THE DAILY CLOSE. TRADE LIKE THE BIG BOYS.\n\U0001f449 https://www.thedailyclose.io/\xa0\xa0\n\n\u25ba\u25baNORD VPN\xa0\nGET EXCLUSIVE NORDVPN DEAL\xa0- 40% DISCOUNT! IT\u2019S RISK-FREE WITH NORD\u2019S 30-DAY MONEY-BACK GUARANTEE. PROTECT YOUR PRIVACY!\n\U0001f449 https://nordvpn.com/WolfOfAllStreets\xa0\xa0\n\n\u25ba\u25baCOINROUTES\nTRADE SPOT & DERIVATIVES ACROSS CEFI AND DEFI USING YOUR OWN ACCOUNTS WITH THIS ADVANCED ALGORITHMIC PLATFORM. SAVE TONS OF MONEY ON TRADING FEES LIKE THE PROS!\n\U0001f449 http://bit.ly/3ZXeYKd\xa0\n\n\u25ba\u25ba JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEK DAY!\n\U0001f449https://thewolfden.substack.com/\xa0\xa0\n\nFollow Scott Melker:\nTwitter: https://twitter.com/scottmelker\xa0\xa0\nWeb: https://www.thewolfofallstreets.io\xa0\xa0\nSpotify: https://spoti.fi/30N5FDe\xa0\xa0\nApple podcast: https://apple.co/3FASB2c\xa0\xa0\n\n#Bitcoin #Crypto #Tether\xa0\n0:00 Intro\n1:17 FOIL\n4:03 Curve pool\n6:10 $7 Billion USDT in redemptions in 48 hours\n9:37 De-peg\n11:50 Educating the regulators\n16:50 Security issues\n17:27 How Tether helps USD\n19:45 Stablecoin regulatory clarity\n23:00 China/Hong Kong reopens to crypto\n24:40 Tether buys Bitcoin\n\nThe views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor.\xa0Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.