“Fiat Currencies Are Memecoins With Extra Steps,” Says Tether CEO Paolo Ardoino

Among the many hot takes and bold statements shared at the Token2049 event in Dubai on 30 April 2025, Tether CEO Paolo Ardoino’s comment took the proverbial cake. “Fiat currencies are memecoins with extra steps,” he said. Although outlandish, the statement did have some truth to it. As Ardoino explained, humans create fiat currencies, changing source: https://99bitcoins.com/news/fiat-currencies-are-memecoins-with-extra-steps-says-tether-ceo-paolo-ardoino/