Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says - Yahoo Finance

Retrieved on: 2024-04-19 18:13:56

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Cryptocurrencies

Tether

Cryptocurrency bubble

US Dollar

Paolo Ardoino

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Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says - Yahoo Finance. View article details on HISWAI: https://finance.yahoo.com/news/stablecoin-tether-gets-boost-dollar-180357703.html

Summary

The article discusses Tether (USDT), a stablecoin pegged to the US dollar, citing Tether CEO Paolo Ardoino. Ardoino notes USDT's growth, especially in emerging markets where it serves as a digital dollar alternative. Key topics include cryptocurrency exchange operations, the role of stablecoins in financial systems, and the impact on developing economies.

Article found on: finance.yahoo.com

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