‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings

‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings

Tether CEO Paolo Ardoino is sounding the alarm on Europe’s financial system, warning that a wave of bank failures could hit the continent in the near future due to the intersection of risky lending and new cryptocurrency rules.Ardoino, during an interview with the Less Noise More Signal podcast, took aim at the European Union’s regulatory framework for stablecoins, which he said pushes companies like Tether to keep the bulk of their reserves—up …

Tether CEO Paolo Ardoino: ‘Many’ European Banks Will ‘Blow Up’ in the Next Few Years

(Zero Hedge)—Tether CEO Paolo Ardoino has issued a dire warning to about Europe’s financial system, predicting that “many” of the continent’s banks are at risk of catastrophic collapse. In an interview with the Less Noise More Signal podcast, Ardoino highlighted how stringent regulations and risky banking practices could precipitate a wave of failures, drawing parallels to the collapse of Silicon Valley Bank in 2023. Ardoino’s concerns center on…

Tether CEO Paolo Ardoino: 'Many' European Banks Will 'Blow Up' In The Next Few Years

Tether CEO Paolo Ardoino: 'Many' European Banks Will 'Blow Up' In The Next Few Years Tether CEO Paolo Ardoino has issued a dire warning to about Europe's financial system, predicting that "many" of the continent's banks are at risk of catastrophic collapse. In an interview with the Less Noise More Signal podcast, Ardoino highlighted how stringent regulations and risky banking practices could precipitate a wave of failures, drawing parallels to t…

Latest ‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure - Doulitsa Press Release Submission

Cryptocurrency Paolo Ardoino criticizes EU rules that could force stablecoin issuers to rely on fragile banks and warned about potential bank failures in the future. May 3, 2025, 3:35 p.m. Tether CEO Paolo Ardoino is sounding the alarm on Europe’s financial system, warning that a wave of bank failures could hit the continent in the near future due to the intersection of risky lending and new cryptocurrency rules. Ardoino, during an interview wit…

‘Many’ EU Banks Will ‘Blow Up’ In Next Few Years. (Tether CEO Paolo Ardoino)

‘Many’ EU Banks Will ‘Blow Up’ In Next Few Years. (Tether CEO Paolo Ardoino) Tether CEO Paolo Ardoino has issued a dire warning about Europe’s financial system, predicting that “many” of the continent’s banks are [...] The post ‘Many’ EU Banks Will ‘Blow Up’ In Next Few Years. (Tether CEO Paolo Ardoino) first appeared on The Liberty Beacon.