Invezz Podcast

Tether CTO Paolo Ardoino, "Dollar stablecoins can help the developing world"

October 06, 2022 Invezz Season 1 Episode 4
Invezz Podcast
Tether CTO Paolo Ardoino, "Dollar stablecoins can help the developing world"
Show Notes

Paolo Ardoino is the CTO of Tether, the world's biggest stablecoin and third biggest cryptocurrency, behind only Bitcoin and Ethereum.

Obviously with a cryptocurrency the size of Tether, there is no shortage of topics to be discussed. But in this current climate of mass inflation, it's especially topical given the power a dollar stablecoin could provide to so many developing countries with currencies spiralling out of control.

Other topics covered in the pod include:
-Lugano, the Swiss city where Tether is de-facto legal tender
-El Salvador, where Bitcoin is legal tender and Dan visited this summer
-The contagion crisis and how Tether redeemed nearly 10% of their reserves without a problem
-Regulation
-Centralisation and the potential influence of Tether on the Ethereum ecosystem
-The problems that Terra, the (collapsed) decentralised stablecoin, caused both the stablecoin industry and the crypto industry at large
-The ongoing bear market and where Paolo sees the industry trending in the long-term

Read Dan's full article over on Invezz here

Continue the conversation on Twitter with https://twitter.com/invezzportal, https://twitter.com/danniiashmore and https://twitter.com/Tether_to. Or visit https://tether.to/en/ for more information.

Continue the conversation on Twitter with @InvezzPortal, @DanniiAshmore and @Tether_to. Or visit https://tether.to/en/ for more information.  

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