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Tether CEO Slams BIS Over Tokenized Bank Deposit Push
WorldPingTether CEO Paolo Ardoino stressed that stablecoins are a more trusted form of money than tokenized bank deposits, explaining that they are collateralized by U.S. treasuries, while tokenized bank deposits are usually only backed by 10% in liquid assets.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
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