Tether CTO: ‘USDT Will Continue to Exist Alongside CBDCs’

[Riya143]

With a market cap over $10B, Tether isn’t likely to be displaced by any central bank digital currency according to Paolo Ardoino.
Paolo Ardoino, Chief Technology Officer (CTO) of Bitfinex and Tether, says recent pushes for governments to adopt regulatory paths towards central bank digital currencies won’t adversely affect stablecoins like Tether.

“In the long term, we believe that Tether will continue to exist alongside CBDCs,” the Tether CTO said to Cointelegraph, citing the token’s performance on several different blockchains including Algorand, Ethereum, EOS, Liquid Network, Omni and Tron. “Tether will remain in demand as it continues serving and unifying a variety of ecosystems.”
Read More: https://cointelegraph.com/news/tether-cto-usdt-will-continue-to-exist-alongside-cbdcs

[bigcash2011]

That will be good for usdt and all stablecoins as they make greta trading pairs and only active traders know what i am talking about, i hope usdt team will clear all regulatory requirements as well and come out as winners then they should also look to launch a usdt based crypto card.