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Which country is the issuer of Tether from?

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2024-04-25 14:13:041114browse

The issuers of Tether are mainly from China, including founders He Yi and Lei Yu, as well as key executive Paul Arroyo. The company is headquartered in the Cayman Islands, but its business operations are mainly concentrated in China and has close ties with the Chinese government.

Which country is the issuer of Tether from?

#Who is the issuer of Tether?

Tether is issued by a company called Tether Holdings Limited, which is headquartered in the Cayman Islands. However, its founders and key executives are mainly from China.

Founder

  • He Yi: Chinese entrepreneur, former CFO of Bitfinex exchange.
  • James McCoville: American entrepreneur, former chief technology officer of Bitfinex.

Key executives

  • Paul Arroyo (CEO): Chinese entrepreneur, former Former COO of Bitfinex.
  • Lei Yu (Chief Technology Officer): Chinese entrepreneur, former vice president of engineering at Bitfinex.

Although Tether is registered in the Cayman Islands, its business operations are mainly concentrated in China. In addition, the company has close ties with the Chinese government and enjoys considerable influence in the Chinese market.

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