This Bitcoin Fundamentals podcast interviews Paolo Ardoino, Tether's CEO, focusing on Tether's financial performance, competitive advantages, and broader strategic vision. The discussion covers Tether's $13.7 billion profit in 2022, its over-collateralization strategy, and its competitive moat against potential entrants from the traditional banking sector. Ardoino highlights Tether's extensive global distribution network as a key differentiator and discusses its investments in technologies like HolePunch and AI, aiming to build a decentralized, peer-to-peer infrastructure. He also details Tether's recent initiative to route Tether on the Bitcoin Lightning Network, emphasizing its scalability and security advantages. Listeners gain insights into Tether's business model, its long-term strategic goals, and its technological approach to financial innovation.
