Tether, the stablecoin, is approaching a market cap of $100B and is being used globally as a hedge against inflation. Tether's CEO, Paolo Ardoino, highlights the company's significant earnings. Moody's Analytics reports that large-cap stablecoins have depegged 609 times this year. Moody's is deploying AI to predict stablecoin depegging events.
📣 Latest News: Moody's unveils service that uses AI to predict stablecoin depeggings #news #cryptonews #crypto #stablecoins
ICYMI: Large cap stablecoins have depegged 609 times this year, Moody’s Analytics says https://t.co/w6MK2kzrQ5
Moody’s Analytics is deploying artificial intelligence to predict potential stablecoin depegging events. There were 609 depegging events among large-cap fiat-backed stablecoins in 2023. https://t.co/0FWTVjKgHe
Glad to see the stablecoin ecosystem getting more points of view on risk: https://t.co/k9wWngIovL
Large cap stablecoins have depegged 609 times this year, Moody’s Analytics says https://t.co/kfN04i9XW5
Paolo Ardoino, Tether CEO, recently highlighted the company's significant earnings and emphasized the global use of USDT as a hedge against inflation https://t.co/QTcRPPSwyi
In Tethers new bullshit interview, Tether "CEO" Paolo Ardoino talks about how in order to mint/redeem Tether, you go through a very thorough process of verification. Sam Bankman-Fried, was a qualified, approved, Tether customer. He bought 36 billion Tethers no questions asked. https://t.co/otFkur1V6C
Stablecoins have proven to be the "killer app" for crypto. Tether's market cap is pushing towards $100B, the company is making billions a quarter and the world is using $USDT to protect against inflation. @paoloardoino and I discuss. https://t.co/PCOq7qYQQL