Tether CEO Paolo Ardoino stressed that stablecoins are a more trusted form of money than tokenized bank deposits, explaining that they are collateralized by U.S. treasuries, while tokenized bank deposits are usually only backed by 10% in liquid assets. Tether CEO on Tokenized Deposits: “The Emperor Has No Clothes” The debate between several representations of […]
Source: https://news.bitcoin.com/stablecoins/tether-ceo-slams-bis-over-tokenized-bank-deposit-push/
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