2min chapter

Hashing It Out cover image

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

Hashing It Out

CHAPTER

Stable Coins or CBDCs?

Some countries have started mentioning that they will create their own stable coins and not even CBDCs. Do you think maybe, and this is me just like thinking out loud, stable coins like USDT would continue to be the consumer's choice? And then DCBDCs or stable coins issued by the states would become specific currencies used for cross-border transactions between states. I believe that there is a world of quick systems. In the end, stable coins are existing on blockchains that are distributed across the globe. So they are more than less. The group of countries will create a coalition to create their own common currencies for trade because international trade is of great importance.

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