Recent comments from Haun Ventures’ Diogo Monica suggest stablecoins, backed by top-tier assets, might be safer than traditional bank deposits. We delve into the arguments and potential implications.
Tag: Tether
Tether’s USDT Emerges on Bolivian Price Tags Amid Economic Woes
The appearance of Tether’s USDT on price tags in a Bolivian airport shop, as highlighted by Tether CEO Paolo Ardoino, signals a growing reliance on stablecoins as a pricing benchmark in the nation’s struggling economy.
Tether’s Bold Move: Open-Sourcing Bitcoin Mining OS to Decentralize the Network
Tether announces plans to open-source its Bitcoin Mining OS (MOS), potentially democratizing access to mining and reducing reliance on expensive vendors.
Tether’s USDT Appears on Price Tags in Bolivia Amid Economic Woes: What Does It Mean?
Tether CEO Paolo Ardoino shared images of goods priced in USDT at a Bolivian airport, highlighting the stablecoin’s growing role in a country grappling with economic instability.
Tether CEO Dismisses IPO Plans, Calls $515B Valuation 'Bearish'
Tether CEO Paolo Ardoino has stated that the stablecoin issuer has no intention of launching an IPO, even after competitor Circle's recent public debut. He also considers a $515 billion valuation as potentially too low.