Tether CEO Paolo Ardoino Warns ‘Many' European Banks Will Blow Up in Next Few Years – Here's Why

  • Paolo Ardoino, the chief executive of USDT issuer Tether, thinks many European banks will “blow up” in the coming years. In a new interview with Pascal Hügli, Ardoino blasts European Union stablecoin regulations, arguing that they increase systemic risk to the economy rather than doing the opposite.