Tether’s New CEO Prioritizes Diversification and Expansion
Paolo Ardoino, the new CEO of Tether, has emphasized the company’s focus on diversification and expansion. He believes that Tether is more than just USDT and plans to position it as an infrastructure provider. Ardoino is enthusiastic about the idea of a real-world ecosystem and sees potential in innovations coming from the crypto world.
Tether’s Move Towards Becoming an Infrastructure Provider
Ardoino believes that the public cares more about what technology does rather than how it works. He is particularly excited about Keet, a communications app where he serves as chief strategy officer. Keet is decentralized and takes inspiration from BitTorrent. It allows users to connect through their IP addresses for real-time communications.
Keet’s Potential Impact on Bitcoin and USDT Adoption
Although Keet currently generates no revenue, Ardoino sees it as a potential driver for Bitcoin and USDT adoption worldwide. Despite having only 20 developers working on the app, Ardoino believes in its long-term value proposition grounded in technology and philosophy.
The Benefits of Keet
Keet reduces the need for data centers, hardware, cables, and energy globally. It is also immune to censorship since it does not rely on centralized servers like WhatsApp or Telegram. Anyone with an internet connection can use Keet at any time.
Hot Take: Tether’s CEO Focuses on Diversification and Infrastructure
As Tether’s new CEO, Paolo Ardoino aims to diversify the company’s offerings beyond USDT by positioning it as an infrastructure provider. He believes that innovations from the crypto world should be masked from the public and emphasizes the importance of a real-world ecosystem. Ardoino is particularly excited about Keet, a decentralized communications app that he believes will drive Bitcoin and USDT adoption. Keet’s value proposition lies in its technology and philosophy, offering benefits such as reduced reliance on data centers and immunity to censorship.
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