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Addressing the stablecoin FUD with Paolo Ardoino, CTO of Tether (USDT)

Hashing It Out

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How Stable Coins Work?

A Tether has a bank account and support blockchains. A customer on the primary market, so on that, no, it signs up to Tether. The way USDT works is extremely simple. So we are accruing with the reserves of USDT, a cushion. That is, so an additional equity on top of the, the, the actual reserves that are needed for USDT to make our stablecoin even safer.

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