Saturday's thought. $USDt reached 107.3B market cap. Today USDt is the most used digital dollar in many emerging markets. Hundreds of millions of people that live in countries subject to the fast devaluation of the local currency use it as their checking account and savings account. A good portion of this community does not have a single bank account because they are too poor for being of interest of the banking industry. This is the real world use case for stablecoins. Using stablecoins to purchase a bunch of securities in a convoluted way, is not in the same league. That's just a toy for rich people that could easily send a wire from one of their 15 bank accounts, but now they want to show how cool they are to their friends before their next golf match.
@paoloardoino In 12 months you will pay interests too
@paoloardoino Well said G, thank you for your incredible and valuable work 🫡🪐🚀
@paoloardoino When @Tether_to start to stock #Ethereum ? 🤫
@paoloardoino Biggest counterfeiting operation in US history. The clock is ticking.
@paoloardoino @Tether_to Servicing the unbanked is a game changer for the monetary system
@paoloardoino Stablecoins like $USDT are changing the game for millions in emerging markets, serving as their financial lifeline. This is the real world impact of crypto, far beyond just a rich person's toy.
@paoloardoino A transformative shift! 💡 USDt's impact is profound. 🌍 Financial inclusion at scale!
@paoloardoino @Tether_to May not be relevant but compare it to the dollar printed. The US debt bomb is ticking, and it's about to blow global economy to smithereens. $1 TRILLION added every 100 days? This is a perfect recipe for DISASTER See data.
Indeed. The usecases of blockchain have expanded a lot. From banking the unbanked to building the high scale commercial use cases, NFT & RWA tokenization. The technology is much matured already. Instead of pure speculation, there's now more demand for high quality assets for the ever growing abundant liquidity in the crypto market.
@paoloardoino Why won’t @Tether_to return my stolen crypto under ticket 388402??????