Tether Revs Up Deal Machine After Its Embrace by ‘Establishment’ Tether invested in firm in which Lutnick, Sacks owned shares Crypto firm plans to step up dealmaking as earnings rise Paolo Ardoino, the chief executive officer of $140 billion stablecoin giant Tether Holdings Ltd., had a triumphant message for the crypto faithful gathered in San Salvador late last week. The “establishment,” according to Ardoino, had unfairly maligned Tether, which has long been the target of scrutiny among authorities over the use of its token by criminals and terrorists. But that changed when Donald Trump returned to the White House with an administration packed with crypto advocates, just days before Ardoino took the stage at Tether’s annual Plan B Forum.
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Tether Revs Up Deal Machine After Its Embrace by ‘Establishment’

Tether invested in firm in which Lutnick, Sacks owned shares Crypto firm plans to step up dealmaking as earnings rise

Paolo Ardoino, the chief executive officer of $140 billion stablecoin giant Tether Holdings Ltd., had a triumphant message for the crypto faithful gathered in San Salvador late last week.

The “establishment,” according to Ardoino, had unfairly maligned Tether, which has long been the target of scrutiny among authorities over the use of its token by criminals and terrorists. But that changed when Donald Trump returned to the White House with an administration packed with crypto advocates, just days before Ardoino took the stage at Tether’s annual Plan B Forum.