Fri, November 22

Tether CTO Paolo Ardoino Comments UST Was Just Poorly Designed

Segregation between centralized stablecoin and algorithm stablecoin. Stablecoins become harder to manage as they grow larger. Paolo Ardoino, CTO of Tether and Bitfinex, participated in a podcast by Reimagine, Web3 events & Media company,on May 17th, where he made few comments about stablecoins. Especially about Terra UST, the initiation behind

May 20, 2022 2 mins read

Tether to Swap Tron TRC20 for Ethereum and Avalanche

1 billion USDT worth TRC20 swapped for ERC20, 20 million USDT worth TRC20 swapped for AVAX. Tether is stated to process around 300 million worth of redemption every day. Tether is a centralized stablecoin, its value is pegged to 1 USD. The current market scenario has caved a fear in

May 12, 2022 2 mins read