‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino

‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino

Through a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said. Tether’s decision to launch a new digital asset pegged to the Mexican peso will be a boon to crypto adoption in the Central American country by providing more onramps to the USDT stablecoin, according to Paolo Ardoino. In an exclusive interview with Cointelegraph on the sidelines of the World Economic Forum summit, the Tether and Bitfinex chief technology officer said the reason he came to Davos was to showcase the utility of cryptocurrencies. “I didn’t participate in Davos....

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