Will Tether go public any time soon? What are the new CEO’s plans for the company? What is keet io? Why is the Bitcoin Lightning network the best BTC payment solution? These and many more questions were answered by Paolo Ardoino, the new chief exec of the company behind the world’s largest stablecoin, in a recent interview with CryptoPotato.
Additionally, he spoke about another project of his – keet io, which serves as a peer-to-peer web conferencing tool.
Last but not least, Ardoino gave his two cents about BTC’s current rally, the halving, and whether or not there will finally be a spot Bitcoin ETF in the US.
Changes in Tether
During the first interview Ardoino had with CryptoPotato almost two years ago, the then-CTO refuted the claims that the company had any intentions to go public, similar to many other US-based digital asset firms, like Coinbase, which did so during the previous bull market.
A lot has changed in Tether since then, including Ardoino assuming the main executive position at the firm in October of this year. On the question of whether or not the company has changed its tune on going public, the new CEO said now:
“As I have stated previously, Tether is not planning to go public. Our focus remains on our mission, which is to serve a diverse range of customers worldwide, particularly those in emerging markets. We believe that our efforts should be concentrated on delivering value to our customers rather than pursuing short-term profits for shareholders.”
Speaking about his new role and responsibilities, he outlined his commitment to “transforming Tether into a technology-focused company,” with its main goal being real-world ecosystem growth in many key areas. This goes beyond stablecoins into areas like communications, data, AI, renewable energy, and Bitcoin mining.
He explained that the decision to take the leadership role at Tether was a “strategic” one before adding:
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Author: Jordan Lyanchev