Paolo Ardoino Shares Insightful Crypto Trends with Visual Data | Flash News Detail
On April 20, 2025, Paolo Ardoino, CTO of Tether, made a notable statement on Twitter, “They simply are,” accompanied by a chart showcasing Tether’s (USDT) price stability. At 12:00 PM UTC, USDT was trading at $1.0002 against the USD, maintaining its peg with a 0.02% deviation, a figure reported by CoinGecko (source: CoinGecko, April 20, 2025). The trading volume for USDT/USD on major exchanges like Binance and Coinbase totaled 24.3 billion USDT in the last 24 hours, indicating robust liquidity and market confidence in the stablecoin (source: CoinMarketCap, April 20, 2025). The tweet from Ardoino was interpreted by market analysts as a reaffirmation of Tether’s commitment to stability, which could bolster…