Tether Taps Chainalysis Chief Economist Philip Gradwell as Economics Head

As a seasoned economist with over six years of experience in the blockchain industry, I am thrilled to join Tether as their new head of economics. Having spent the better part of my career at Chainalysis, I have gained a deep understanding of the digital asset market and its role in the real economy.

As a crypto investor, I’m excited to share that Tether, the well-known stablecoin issuer, has recently announced the appointment of Philip Gradwell as its new Chief Economist. Previously holding this role at Chainalysis, a renowned blockchain analytics firm, Philip will now be leading economic analysis at Tether. His primary responsibility will be to provide regulatory bodies with insights into the Tether economy. This addition to their team is an encouraging sign of Tether’s commitment to transparency and compliance in the rapidly evolving crypto landscape.

For more than six years, Gradwell held the position of chief economist at Chainanalysis. Now, he is set to assume the role of Tether’s head of economics.

As a researcher studying the digital currency landscape, I can tell you that Tether (USDT), which functions as a stablecoin that mirrors the value of the U.S. dollar on the blockchain, holds the title of being the most widely used stablecoin currently in circulation. With a market capitalization exceeding $112 billion.

“At Tether, my objective is to steer the discussion towards examining the role of digital assets in the actual economy and how USDT contributes to the dominance of the US dollar,” Gradwell expressed in a release.