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Tether USDT to have new CEO as company expands its horizons

Published: October 23, 2023

Written by:barnaby

A new CEO at Tether will make the company more public-facing.

Tether will become a more public-facing company this year after announcing that Paolo Ardiono, the chief technology officer at Tether, will take the helm as CEO.

Ardoino will take over from Jean-Louis van der Velde, a crypto entrepreneur who prefers to stay out of the limelight. Jean-Louis has been Tether’s head for multiple years.

In a recent press release, Tether announced that Ardonio will take over at Tether from December 20202233 and succeed Jean Louis.

Ardonio entered the cryptocurrency industry with a position at cryptocurrency exchange Bitfiniex back in 2014. He went on to join Tether in 2017 as chief technology officer.

 Tether is the crypto industry’s largest stablecoin provider with its USDT cryptocurrency pegged to one United States dollar.

There are over $80 billion worth of USDT tokens in circulation within the cryptocurrency market.

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