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Fox reporter: Tether CEO says there is no plan to go public at present

2024-10-25 16:08
Odaily News According to a post by Fox Business reporter Eleanor Terrett on the X platform, Tether CEO Paolo Ardoino said he currently has no plans to list Tether because he believes it would undermine the company's ability to move quickly and "break the status quo." Paolo Ardoin believes that a company should go public when it needs to obtain capital and liquidity, and Tether has made a profit of $12 billion in the past two years and does not face this problem.