Will Tether Crash Next?
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Will Tether Crash Next?
Description
There are a lot of questions surrounding Tether, the third largest crypto by market cap. With the collapse of UST, people want to be sure that there is liquid backing...
show more- 00:00 - Intro
- 03:27 - Tell us about some of your background, Paolo.
- 06:00 - Explain how you’re the CEO of Bitfinex and CTO of Tether
- 08:35 - Let’s get to the basic, birds-eye definition of Tether and how it works as a stablecoin.
12:45 - How do you ensure Tether never goes down and is a supported asset? - 16:00 - Tether is the number 3 in crypto marketcap. The audit of Tether is still pending release. News coverage of the release is missing. Why is the audit taking so long to be released?
- 20:35 - So you understand why it looks questionable to people because this is not the first time that has been something questionable has happened.
32:00 - What happens to Tether if the US Dollar loses its dominance as a global currency reserve? - 35:00 - Tether Gold is an alternative to fiat stablecoins.
- 36:12 - We are looking for audits on USDT; where is the gold?
- 38:45 - Why is there such a discrepancy between the Tether Gold and the market price of gold right now?
- 42:00 - Closing remarks
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