#343 Paolo Ardoino - How Tether (USDT) Works

<p><span>Zuby is joined by Tether CEO Paolo Ardoino to discuss cryptocurrency and the future of stablecoins. Paolo explains how Tether (USDT) works and the global use case for it. The two discuss the 2017 crypto catalyst, demand for ‘digital dollars’, and Tether’s developments over the next decade. Paolo gets transparent about how Tether makes money and dispels the controversy that has enveloped the company over the years. The two also explore the rate of technological innovation and how the cryptocurrency industry will progress.</span></p><p><br /></p><p>Sponsors:</p><p><br /></p><p>Secure your bitcoin today with Bitbox. Get 5% off a hardware wallet at <a href="https://bitbox.swiss/zuby" rel="nofollow">https://bitbox.swiss/zuby</a></p><p><br /></p><p>Get a copy of the book 'Wounded Tiger', the unbelievable story of the pilot who led the Pearl Harbor attack. Visit <a href="https://woundedtiger.com/zuby" rel="nofollow">https://woundedtiger.com/zuby</a></p><p><br /></p><p>_</p><p><br /></p><p>Timestamps:</p><p>(00:00) Introduction</p><p>(05:18) What is Tether?</p><p>(07:30) 2017 crypto catalysts</p><p>(10:33) Why do we need digital dollars?</p><p>(16:31) Macro outlook &amp; Tether over the next decade</p><p>(27:53) How does Tether make money?</p><p>(32:28) Clarity on Tether’s progress</p><p>(46:15) Tether’s investments</p><p>(59:48) The rate of technological change</p><p>(1:05:58) Cusp of demise or human flourishing?</p><p>(1:07:39) How the cryptocurrency industry will progress</p><p>(1:10:15) Outro</p><p><br /></p><p>_</p><p><br /></p><p>Follow Zuby:</p><p><a href="https://x.com/zubymusic" rel="nofollow">https://x.com/zubymusic</a></p><p><a href="https://instagram.com/zubymusic" rel="nofollow">https://instagram.com/zubymusic</a></p><p><a href="https://facebook.com/zubymusic" rel="nofollow">https://facebook.com/zubymusic</a></p><p><br /></p><p>Follow Paolo:</p><p><a href="https://x.com/paoloardoino" rel="nofollow">https://x.com/paoloardoino</a></p><p><br /></p><p>_</p><p><br /></p><p>Subscribe to the 'Real Talk With Zuby' podcast on Apple Podcasts, Spotify &amp; more - <a href="https://fanlink.tv/zubypodcast" rel="nofollow">https://fanlink.tv/zubypodcast</a></p><p><br /></p><p>Merch, Music &amp; Books - <a href="https://teamzuby.com" rel="nofollow">https://teamzuby.com</a></p><p><br /></p><p>Support Zuby on Patreon - <a href="https://patreon.com/zubymusic" rel="nofollow">https://patreon.com/zubymusic</a></p><p>Support Zuby on Locals - <a href="https://teamzuby.locals.com" rel="nofollow">https://teamzuby.locals.com</a></p><p><br /></p><p>'Strong Advice: Zuby's Guide to Fitness For Everybody' eBook - <a href="https://gumroad.com/l/zubyfitness" rel="nofollow">https://gumroad.com/l/zubyfitness</a></p><br /><br />Support this podcast at — <a href="https://redcircle.com/real-talk-with-zuby/donations" rel="payment">https://redcircle.com/real-talk-with-zuby/donations</a><br /><br />Advertising Inquiries: <a href="https://redcircle.com/brands">https://redcircle.com/brands</a><br /><br />Privacy & Opt-Out: <a href="https://redcircle.com/privacy">https://redcircle.com/privacy</a>