Dossier
Swiss cavern
Coverage of Swiss cavern in the Nexus archive.
- Tether has the gold. Now, CEO Paolo Ardoino is making a bold push into AI
Following an audit by KPMG confirming that its reserves exceed liabilities by $6.8 billion and detailing over 150 tons of gold bullion, Tether is shifting its identity away from 'crypto.' CEO Paolo Ardoino detailed plans for the company to expand into technology infrastructure, notably providing basic AI services across various verticals like health and finance in the developing world.