Tether CTO on USDC depeg: ‘Bitcoin maxis have been proper all alongside’ | PBW 2023

At Paris Blockchain Week 2023, chief expertise officer Paolo Ardoino spoke with Cointelegraph reporter Joseph Corridor to debate matters comparable to (USDC) breaking its greenback peg and the way it highlights the significance of (BTC) and decentralization.

In response to Ardoino, stablecoin issuers ought to at all times guarantee that their reserves stay protected. The Tether govt believes {that a} stablecoin issuer’s job is to guard reserves and funds with all its capabilities. Ardoino defined:

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