Stablecoins For Dummies | Paolo Ardoino, Tether and Bitfinex CTO

cryptocurrency 3 months ago

As the CTO of both Bitfinex and Tether, Paolo Ardoino is solving the greatest challenges of the crypto space. This episode takes a deep look at some of the most important topics regarding stablecoins - how they will scale, whether they are securities, if banks will use them, and the risks associated with their use. This is a master class on everything stablecoin related, valuable for both newcomers and experienced users of this revolutionary financial product. Paolo Ardoino: -- Harmony: Build on Harmony, run on all chains Harmony is your open platform for assets, collectibles, identity, governance. Be the ONE to bridge to all blockchains. Harmony is an open and fast blockchain. Their mainnet runs Ethereum applications with 2-second transaction finality and 100 times lower fees. Harmony’s secure bridges offer cross-chain asset transfers with Ethereum, Binance and other chains. -- #Bitcoin #Tether #Crypto Timestamps: 00:00 Intro 00:59 A CTO’s Life at Bitfinex and Tether 03:44 Bitfinex and Tether’s relationship 05:10 Keeping the exchange online at all costs 10:00 Scaling for mass adoption 13:38 The beauty of stablecoins 20:40 Will banks use stablecoins? 24:49 Risks associated with stablecoins 30:40 Harmony Ad 33:00 Stablecoins in the real world 42:14 How noobs can use stablecoins 48:23 Layer 2’s are built for mainstream adoption 54:49 Contact Paolo -- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: ーーー Join the Wolf Den newsletter: ►►
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