RATE Group | Bitfinex, Tether CTO to Speak Publicly For First Time Ever
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Bitfinex, Tether CTO to Speak Publicly For First Time Ever

Bitfinex, Tether CTO to Speak Publicly For First Time Ever

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Paolo Ardoino, CTO of Bitfinex & Tether, is scheduled to speak at CryptoCompare’s Digital Asset Summit next month. This is the first time a Bitfinex/Tether exec has spoken publicly at an event. 


The story of Tether will finally come out of the shadows

Tether is the original and most successful “stablecoin”, and it was the first tokenized USD used by crypto traders. Tether was invented to help crypto exchanges make cryptocurrency transactions to represent dollars after the banking system began discriminating against doing business with crypto startups.

Many have criticized Tether for being centralized, vulnerable to regulations, not fully-backed by dollar reserves, refused to be audited, and a lot of other reasons. This public Tether criticism was one of the major factors which kicked off the stable coin arms race of 2018.

For the first time ever, Paolo Ardoino, the CTO of both Tether and the Bitfinex crypto exchange which spawned Tether’s creation, will speak publicly…

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