Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
Stablecoin issuer Tether has appointed Paolo Ardoino as its new CEO with former CEO Jean-Louis van der Velde transitioning into an advisory role.
Ardoino became Tether's CTO in 2017 after joining Bitfinex three years prior. In that time Tether's market cap has grown from less than $100 million to $83.5 billion as it experienced exponential growth starting in 2020.
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