Paolo Ardoino on Tether's billion-dollar profits and plans to buy bitcoin

<p>Paolo Ardoino is the Chief Technology Officer for Tether and Bitfinex.</p><p>In this episode, Ardoino talks through Tether's treasury management strategy, including the firm's recently announced bitcoin purchases and how the firm is planning to use the $1.5 billion in profit generated during Q1 of this year.</p><p>According to Ardoino, Tether's recent profitability is prompting the firm to diversify:</p><p>“The beauty of our next period plan is that we can start diversifying ourselves from the pure stablecoin offering and become a more round tech provider that that requires expertise in many important fields. So en...