Paulo Adruino is the CEO at Tether, a stablecoin pegged 1:1 to the U.S. dollar, and the CTO at Bitfinex, a digital asset trading platform.
He is also the Chief Strategy Officer (CSO) at Holepunch and a former Partner of Fincluster.
Paulo Adruino, CEO of Tether said he believes more banks will fail. He added: "Tether is 106% asset-backed" Adruino says it has excess liquidity, and Tether has 12-13% of what China has in US treasury bills.
CA: 5Go4Hvz7RdYcnnFZZMF14RnpoYKorNrfMMcnPTSnaPBY
