Stablecoins Backed by USD Increase Demand for U.S. Public Debt
According to Paolo Ardoino, stablecoins backed by dollars are creating demand for U.S. public debt. USDt is currently used by over 300 million people globally as a digital dollar, serving as a crucial financial tool for communities in developing countries that are underserved by traditional banking systems.
SourcePaolo Ardoino
@paoloardoinoPaolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,
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