Tether Names Devasini as Chairman, Hires New Finance Chief
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Tether Holdings SA, issuer of the biggest stablecoin cryptocurrency, said its longtime chief financial officer and controlling shareholder Giancarlo Devasini will transition into a new role as chairman of the firm.
In the new role, Devasini will focus on macroeconomic strategy and guide Tether as it advances digital-asset adoption, the company said in a statement on Monday. Devasini is the controlling shareholder in Tether, according to public filings.