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Tether moving into infrastructure, energy production, CEO Ardoino says

Tether moving into infrastructure, energy production, CEO Ardoino says

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Source: Coin Telegraph

Tether will build renewable energy facilities in Uruguay and El Salvador, the new CEO told Cointelegraph.

Paolo Ardoino became CEO of Tether on Dec. His appointment was planned well in advance and comes as the company is prioritizing diversification and expansion

It’s a good time for the company.

“As we are going to show in the next quarter, Tether is much more than USDT (USDT),” Ardoino said.

“There is some talk about real-world assets, but what I think is more important is a real-world ecosystem.” 

Innovations coming from the crypto world “should almost be masked” from the public, which cares about what technology does, not how it works, Ardoino said.

Holepunch is decentralized, but isn’t a blockchain.

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Author: Derek Andersen