PANews reported on October 26 that according to Fox Business reporter Eleanor Terrett, Tether CEO Paolo Ardoino said that he currently has no plans to list Tether because he believes that this will weaken the company's ability to move quickly and "break the status quo." He believes that he believes a company should go public when it needs to obtain capital and liquidity, and Tether has made a profit of $12 billion in the past two years and does not face this problem.