TechFlow reported on July 15, according to The Block, Tether announced the appointment of Philip Gradwell as Chief Economist. Gradwell previously served as Chief Economist at Chainalysis for six years. He will be responsible for quantifying the Tether economy and communicating with regulators and stakeholders. Tether CEO Paolo Ardoino said Gradwell's expertise will help deepen understanding of Tether's important role in supporting the U.S. dollar. Gradwell plans to shift discussions around digital assets toward their applications in the real economy.
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