LUNA-UST crash: Can it happen to all stablecoins? – Tether CTO Paolo Ardoino

Paolo Ardoino, CTO of Tether, talks about use cases of Tether, whether stablecoins are safe to invest in, and the company’s new product, Tether Gold (XAUt).

Tether is the largest stablecoin backed by USD. Ardoino spoke with David Lin, Anchor and Producer at Kitco News.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Paolo Ardoino on Twitter: @paoloardoino (https://twitter.com/paoloardoino)

0:00 – How Tether works
2:07 – Short attacks and liquidity
10:44 – Is Tether secure?
16:44 – Central bank digital currencies
19:54 – Tether use cases
23:54 – Tether Gold
29:22 – Gold or Bitcoin?

#tether #crypto #gold
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.