Tether's next big bet is on AI, says CEO Paolo Ardoino

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The Block2024/05/24 15:40

By:The Block

Quick Take Tether CEO Paolo Ardoino discusses the growth of USDT, Tether’s vision for AI, and more.

Tether's next big bet is on AI, says CEO Paolo Ardoino image 0

Episode 30 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro and Tether CEO Paolo Ardoino.

Listen below, and subscribe to The Scoop on YouTube , Apple , Spotify , Google Podcasts , Stitcher , or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]

Paolo Ardoino is the CEO of Tether.

In this episode, Ardoino discusses the strategic vision of Tether and its expansion into new business units, including AI and education.

The current market cap of Tether's primary product USDT is hovering around $110 billion.

OUTLINE
00:00 Tether Disintermediation
08:12 Tether’s New Strategies
17:44 Macroeconomics USDT Growth
21:07 Tether’s Reserves
25:00 Tether Gold
27:22 AI Revolution
33:07 Tether’s AI Division
38:30 Tokenized RWAs
43:47 Closing Thoughts

This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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