#1243 Paolo Ardoino | Tether Founder Reveals Truth About Reserves

Paolo Ardoino is the CTO of Tether. In this conversation, we talk about the rise of stablecoins, whether the market is winner-take-all or not, treasury management, how they ensure the peg stays actually backed by dollars, regulation & audits, accumulating bitcoin, banks, FDIC insurance, and more. ======================= Pomp writes a daily letter to over 250,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/