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Home / More News / Tether CEO Slams BIS Over Tokenized Bank Deposit Push

Tether CEO Slams BIS Over Tokenized Bank Deposit Push

  Crypto Today
Tether CEO Slams BIS Over Tokenized Bank Deposit Push
Paolo Ardoino X PostTether 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: Bitcoin.com News


  Crypto Today