Is Tether/USDT Still Safe? Tether CTO Paolo Ardoino + Week In Review

Amidst the collapse of FTX, how safe is the backbone of crypto - USDT/Tether? I talk to my frequent guest, Paolo Ardoino, CTO of Tether. Also, I will review the biggest news of the crypto week: Kraken layoffs, SBF PR campaign, Apple NFT fees, Fed rate hike slowdown, Animoca's $2 billion Metaverses fund & BlockFi bankruptcy. Paolo Ardoino: https://twitter.com/paoloardoino ►► JOIN THE FREE WOLF DEN NEWSLETTER https://www.getrevue.co/profile/TheWolfDen GET UP TO A $8,000 BONUS IN USDT AND TRADE ALL SPOT PAIRS ON BITGET FOR ZERO FEES! ►► https://thewolfofallstreets.info/bitget Follow Scott Melker: Twitter: https://twitter.com/scottmelker Facebook: https://www.facebook.com/wolfofallstreets Web: https://www.thewolfofallstreets.io Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #Tether #FTX #bitcoin 0:00 Intro 1:35 Paolo Ardoino 1:57 Circle vs Tether 4:15 Tether gonna die? 9:35 Tether redemptions 12:50 FTX, Deltec & Tether Connection 14:40 Audits & FUD around Tether reserves 20:10 Why Tether is not doing the audit 22:56 What do Tether reserves consist of? 24:15 The future of Tether and stablecoins 27:55 Wrap up with Paolo 30:30 Jobs report! 31:50 Kraken Cuts 30% of Workforce 33:00 Layoffs tracker 35:08 Coinbase Disables Mobile NFT Transfers 38:00 $2B Metaverse Fund 39:00 BlockFi bankruptcy 42:00 SBF PR campaign went wrong The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.