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Published 13 days ago

Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says

Summary by Channel News Asia

DUBAI : Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino told Reuters on Friday.Tether issues a stablecoin, also called Tether or USDT, which is designed to main

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Channel News Asia

Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says

DUBAI : Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino told Reuters on Friday.Tether issues a stablecoin, also called Tether or USDT, which is designed to main

13 days ago·Singapore

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