Paolo Ardoino: Does not care about external criticism of Tether audit
According to The Block, Tether CEO Paolo Ardoino responded to criticism after KPMG's audit by saying he doesn't care about accusations. Paolo Ardoino stated that Tether processed $7 billion in redemptions within 48 hours in 2022, accounting for approximately 10% of its reserves at the time. Paolo Ardoino stated that if he could continue to serve the 650 million emerging market users who rely on USDT, he would be willing to do so even if criticized as a villain.