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Top related persons:
Paolo Ardoino - 1 USDT - 1 Ardoino's - 1 stablecoins - 1
Top related locs:
Fannie Mae's Washington , U.S Crypto
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DC - 1 Fannie - 1 U.S . - 1 Europe's - 1 CNBC - 1

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2 mentions found


☆ Watch Tether CEO Paolo Ardoino speak live on stablecoins, regulation
  + stars: | 2024-10-22 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +1 min
Paolo Ardoino, the CEO of Tether, is set to speak Tuesday at the DC Fintech Week conference at Fannie Mae's headquarters in Washington, D.C.Tether is the company behind the largest stablecoin, USDT , which is pegged to the U.S. dollar. It is the third-largest cryptocurrency by market capitalization, according to CoinMarketCap. USDT accounts for about 71% of the market of U.S. dollar-backed stablecoins, with a market cap of about $120 billion, according to CryptoQuant. Tether has faced criticism over a lack of transparency, while USDT has come under fire for its alleged use by criminals. Nevertheless, it remains the most popular and most easily accessible stablecoin due to its ubiquity across global exchanges.
Persons: Paolo Ardoino, USDT, Ardoino's, stablecoins Organizations: DC, Fannie, U.S ., Europe's, CNBC, YouTube Locations: Fannie Mae's, Washington ,, U.S, Crypto
☆ From $250,000 to $10,000 price calls: How market watchers got it wrong with bitcoin in 2022
  + stars: | 2022-12-23 | by ( Arjun Kharpal Ryan Browne | Arjun Kharpal | Ryan Browne | ) www.cnbc.com   time to read: +12 min
The events of the year took many investors by surprise and made the task of predicting bitcoin's price that much harder. The crypto market was awash with pundits making feverish calls about where bitcoin was heading next. When asked about his $250,000 target earlier this month, the Draper Associates founder told CNBC $250,000 "is still my number" — but he's extending his prediction by six months. The entrepreneur says he's also done making bitcoin price predictions. Buehler said lack of risk management in the crypto industry, missing regulation and fraud have also been major factors affecting prices.
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