stablecoin

Tether CTO Praises Company’s Own Coin, Takes A Shot At Others

Earlier this month, at the CryptoCompare Digital Asset Summit that was held in London, the CTO of Tether, Paolo Ardoino, gave a public statement about the future of DeFi. According to Arduino, the DeFi industry as a whole is facing a risk to its entire system, due to the fact that it only leverages the value from the cryptocurrency industry.Low-Brow TacticsIn a move that sounds suspiciously like an attempt to slander one of Tether’s rival stablecoins, the Dai, he talked about the volatility of the crypto industry as a whole.