AI would pick Bitcoin over centralized crypto — Tether CTO
Tether’s chief technology officer Paolo Ardoino believes that artificial intelligence would use Bitcoin over more centralized cryptocurrencies like stablecoins.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Tether’s chief technology officer Paolo Ardoino believes that artificial intelligence would use Bitcoin over more centralized cryptocurrencies like stablecoins.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Tether Q3 Profit Hits $1.5B While USDT Reserve Buffer Nearly Doubles to $8B
Key Takeaways: In Q3, Tether achieved an operating profit of $1.5 billion. Reserve assets rose to almost $8 billion. U.S. Treasury...
US Secret Service Joins Circle, Tether in Freezing $2.37B in Binance Hack Funds
The US Secret Service is working with stablecoin issuer Circle to recover funds stolen in the $6.3 billion security breach at Bina...
Tether-Backed FASE Foundation Targets Scams and Stablecoin Aid
TL;DR: Named founding stakeholders include Anchorage Digital, Bybit, Chainalysis, Payward, Opera and the Solana Foundation; the Un...
Bitcoin’s Rebound Drove Most of Tether’s $3.8 Billion Reserve Recovery
Tether held $7.95 billion more in reserves than it owed USDT holders on Sept. 30, up about $3.85 billion from the end of June, the...
EU entity may have lost over $106M in theft across centralized exchange accounts
The incident highlights vulnerabilities in centralized exchanges and the challenges of tracing funds through privacy-focused crypt...
Tether burns 2 billion USDT from its Treasury address
The burn reflects Tether's ongoing supply management, potentially signaling shifts in stablecoin demand and impacting crypto marke...