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Giancarlo Devasini

Giancarlo Devasini

Chief Financial Officer of Tether Operations Limited

Giancarlo Devasini is the chief financial officer of Tether Operations Limited, the operator of the USDT stablecoin, and a major shareholder in the Tether/Bitfinex group. His holdings in the group have made him a billionaire, and his wealth and career are tracked by Forbes. USDT is widely used as a settlement/payment currency by online gambling operators, giving Devasini indirect but significant relevance to the iGaming industry.

Devasini is a private Italian digital-asset executive. He has been publicly documented as CFO of Tether and of the closely linked Bitfinex exchange group, and was a named executive during some of the most significant legal scrutiny of the companies, including the New York Attorney General's investigation that ended in an $18.5 million settlement with Tether and Bitfinex in 2021. Some profiles describe him as a former plastic/aesthetic surgeon who moved into crypto finance; his official Tether biography is minimal, and corporate records around the BVI/Hong Kong parent structure do not provide a detailed public career history.

In 2023, Tether announced a leadership transition under which Paolo Ardoino became CEO while Devasini continued as CFO and took on additional focus on strategic growth. He has no public-office or judicial role, so there is no gambling decision record in the regulator/judge sense; his professional profile belongs to the payments and crypto-infrastructure side of the industry.

Career History

CompanyRoleDates
TetherChief Financial Officer present