Paolo Ardoino will take the reins as Tether’s (USDT) new Chief Executive Officer (CEO) in December, according to an Oct. 13 statement from the stablecoin issuer.
Former CEO Jean-Louis van der Velde will transition into an advisory position at the stablecoin firm while retaining his CEO role at Bitfinex crypto exchange. On the other hand, Ardoino will continue in his roles as Chief Technology Officer (CTO) for Bitfinex and Chief Strategy Officer (CSO) for Holepunch.
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