Tether CEO Dismisses Criticism After KPMG Audit, Says He Doesn't Care About Accusations

- Tether CEO Paolo Ardoino dismissed ongoing criticism after KPMG US’s audit, saying some critics cannot admit they were wrong.
- In an interview, Ardoino said, "Honestly, I don’t care."
- He said Tether redeemed $7 billion within 48 hours in 2022, which he described as about 10% of reserves at the time.
- Ardoino said the redemptions did not stop, and argued many traditional financial institutions would struggle to handle withdrawals of that size that quickly.
- He said he is willing to be seen as a "villain" by some critics if Tether can continue serving the 650 million users he said rely on USDT, especially in emerging markets.
Tether CEO Paolo Ardoino responded to continued criticism after KPMG US’s audit, saying some critics cannot admit they were wrong and adding, “Honestly, I don’t care.”
He said Tether redeemed $7 billion within 48 hours in 2022, which he described as roughly 10% of reserves at the time, and said the withdrawals did not stop.
Ardoino argued that many traditional financial institutions would struggle to process withdrawals of that scale in such a short period.
He also said he is willing to be seen as a “villain” by some critics if Tether can keep serving the 650 million users he said rely on USDT, especially in emerging markets. For markets, the remarks are likely neutral to mildly supportive for crypto sentiment because they were framed as a defense of USDT’s resilience rather than a new operational change.
Tether CEO在KPMG审计后回应批评,称不在乎指责
Tether CEO Paolo Ardoino在KPMG美国审计后回应持续批评,称一些批评者不愿承认自己错了,并表示“说实话,我不在乎”。
他称,Tether在2022年48小时内赎回了70亿美元,约占当时储备的10%,并说相关赎回并未停止。
Ardoino表示,许多传统金融机构很难在如此短的时间内处理这么大规模的提现。
他还说,如果Tether能够继续服务其所称依赖USDT的6.5亿用户,尤其是新兴市场用户,他愿意被一些批评者视为“反派”。就市场影响而言,这番表态对加密市场情绪可能偏中性到略偏利好,因为内容主要是对USDT韧性的回应,并未带来新的业务变化。