FIAT Mon(k)ey: Understanding Paolo Ardoino’s Crypto Commentary | Flash News Detail
On April 20, 2025, Paolo Ardoino, CTO of Tether, posted a tweet featuring the artwork ‘FIAT Mon(k)ey’ (Source: Twitter, @paoloardoino, April 20, 2025). This post, while seemingly a simple artwork share, has significant implications for the cryptocurrency market, particularly for Tether (USDT), due to Ardoino’s influential position. At the time of the tweet, the USDT price remained stable at $1.00, with trading volumes showing a slight increase of 2.4% compared to the previous 24 hours, reaching $56.8 billion (Source: CoinMarketCap, April 20, 2025, 12:00 PM UTC). The tweet also coincided with a 0.5% rise in Bitcoin’s price to $67,234, suggesting a potential correlation between Ardoino’s post and broader…
