Paolo Ardoino has been appointed as the CEO of Tether, a cryptocurrency company that is focusing on diversification and expansion. Ardoino, who previously served as the chief technology officer, believes that Tether is more than just its main product, USDT. The company aims to become an infrastructure provider and is exploring innovations in the crypto world. Ardoino is particularly enthusiastic about the communications app Keet, where he serves as the chief strategy officer. Keet is a decentralized platform that enables real-time communications without the need for centralized servers. Ardoino sees Keet as a driver for Bitcoin and USDT adoption, as it reduces the need for data centers and is impervious to censorship. Tether is also committed to Bitcoin and is expanding into Bitcoin mining. The company plans to invest in renewable energy sources such as hydropower and geothermal facilities. Overall, Tether is positioning itself for growth and aligning its principles with its business strategies.

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Information Details
Geography South America
Countries 🇺🇾 🇸🇻
Sentiment very positive
Relevance Score 1
People Paolo Ardoino
Companies Skype, Telegram, WhatsApp, Tether, Keet
Currencies Bitcoin, Tether
Securities None

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