Paolo Ardoino
CEO
Editor's brief
The desk's read on Tether
Dominant in trading volume but historically scrutinized for reserve disclosure depth. BDO attestations have improved transparency without rising to a full audit.
Tokens issued
Tokens issued by Tether
Reserves & transparency
What backs Tether's tokens
Backing health
—
Reserves / liabilities · per Q1 2025 attestation
Editorial note: we never characterize an issuer as "fully audited" unless the report scope is a full audit (per spec §3). The label above reflects what BDO Italia actually delivered.
Leadership
Who runs Tether
Giancarlo Devasini
CFO
Regulatory posture
Where Tether operates
| Jurisdiction | Regulator | Status | License # | Notes |
|---|---|---|---|---|
| El Salvador | CNAD | Active | — | Registered Digital Asset Service Provider (2023). |
| British Virgin Islands | FSC | Active | — | |
| United States | NYDFS / CFTC | Restricted | — | $18.5M NYDFS settlement Feb 2021; $41M CFTC settlement Oct 2021. |
Tether in the news
Latest coverage
Frequently asked questions
About Tether
No published FAQs yet for Tether. Editorial Q&As will appear here as they are sourced and verified.