When Shift Happens Podcast

E143: USDT Founder: Bitcoin, Gold, Stablecoin, & Tether, the Most Profitable Company in the World

6 snips
Oct 15, 2025
Paolo Ardoino, CEO of Tether and CTO of Bitfinex, dives into his journey of creating USDT, the world's leading stablecoin that aids 3 billion unbanked individuals. He shares insights on Tether's extraordinary profit per employee and operational efficiency, driven by high-interest rates and scalable practices. Ardoino also discusses coding as his artistic expression and Tether's investment in Juventus to modernize football and engage fans globally. Lastly, he highlights stablecoins' crucial role in providing financial stability in inflation-ridden countries.
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ADVICE

Reinvest Most Profits For Mission

  • Paolo recommends investing profits back into company growth and projects that support society.
  • He says Tether keeps about 95% of profits to fund new ideas and long-term mission work.
ANECDOTE

Family Farming Taught Work Ethic

  • Paolo describes his grandparents' farm work ethic: early mornings, passion for quality, and lifelong routine.
  • He credits that upbringing for his strong work ethic and obsession with building and improving systems.
ANECDOTE

First Computer Sparked Lifelong Coding

  • Paolo recounts getting his first computer at age seven when his father bought an expensive machine costing two salaries.
  • That early exposure led him to learn coding from books and launch a lifelong passion for building software.
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