Natalie Brunell ⚡️(@natbrunell):Tether is known for USDT, but behind the scenes it has become one of the biggest forces behind Bitcoin. Tether backed Elektron as it grew into one of the world’s largest Bitcoin mining operations, and now owns the vast majority of XXI. I sat down with XXI's new CEO @RaphaZagury to unpack what Tether is building, what changes after Jack Mallers, and how he responds to the skepticism around Tether, its reserves and the future of Bitcoin. Full conversation streaming now. TIMESTAMPS: 00:00 The Night Brazil Froze His Family’s Money 08:28 From Merrill Lynch to Bitcoin 19:31 What Tether Is Quietly Building 29:32 XXI’s 5-Part Bitcoin Master Plan 53:14 Inside Ocean’s BIP 110 Fallout and the AI Bet He Won’t Make

2026.09.15 17:05

Tether is known for USDT, but behind the scenes it has become one of the biggest forces behind Bitcoin. Tether backed Elektron as it grew into one of the world’s largest Bitcoin mining operations, and now owns the vast majority of XXI. I sat down with XXI's new CEO @RaphaZagury to unpack what Tether is building, what changes after Jack Mallers, and how he responds to the skepticism around Tether, its reserves and the future of Bitcoin. Full conversation streaming now. TIMESTAMPS: 00:00 The Night Brazil Froze His Family’s Money 08:28 From Merrill Lynch to Bitcoin 19:31 What Tether Is Quietly Building 29:32 XXI’s 5-Part Bitcoin Master Plan 53:14 Inside Ocean’s BIP 110 Fallout and the AI Bet He Won’t Make