The Truth about Tether ($USDT)

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Bankless

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Published on March 4, 2024 11:30:25 AM ● Video Link: https://www.youtube.com/watch?v=w3Kh9FVOtwA

Duration: 1:29:53

13,188 views

450

Paolo Ardoino is the CEO of Tether, the $100 Billion stablecoin company that owns more U.S. Treasuries than most countries.

We explore why Tether is winning, how it’s helping people in emerging markets and what really backs a $USDT. We also cover the state of the stablecoin regulation and even market competitors.

Tether has been and it’s still a target of Fud in the Crypto industry. Paolo is here to refute that Fud and much more.

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TIMESTAMPS

00:00 Intro
6:52 Paolo Background
11:01 The History of Tether
15:40 USDT in Emerging Markets
25:30 Why not Bitcoin?
28:25 What’s Backing Tether?
42:25 Banking Risks
54:59 Tether Reserves Breakdown
59:39 Becoming Too Big
1:06:23 The Stablecoin Wars
1:11:18 Freezing Funds
1:13:45 USDT Competitors
1:16:59 Tokenized T-Bills
1:19:55 Tether on Tron
1:24:53 Regulation
1:26:14 The Value of Tether
1:29:10 Closing & Disclaimers

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RESOURCES

Paolo Ardoino
https://twitter.com/paoloardoino

Tether Transparency Reports
https://tether.to/en/transparency/#reports

Circle’s Caroline Hill on Congress
https://twitter.com/Pledditor/status/1758243599446089799

JPMorgan negative on Tether
https://www.theblock.co/post/275643/jpmorgan-tether-negative-crypto

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

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