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Tether CEO Slams BIS Over Tokenized Bank Deposit Push

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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 li…

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Tether CEO Slams BIS Over Tokenized Bank Deposit Push
Bitcoin.com News 23h ago

Tether CEO Slams BIS Over Tokenized Bank Deposit Push

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 li…