Tether CEO Paolo Ardoino stated that the stablecoin company might put “significant resources” into developing a global peer-to-peer (P2P) financial markets terminal. Ardoino explained that decentralization in the payments area, where humanity is “getting rid” of the monopolistic intermediaries, could also improve the financial markets data industry. This would also allow exchanges to monetize their data while keeping control over it. “Financial markets would be much more resilient as a result of this change, and the world would likely be a better place,” he concluded. The tool would use Holepunch technology, a decentralized platform that allows for the development of apps without the need for servers.
Tether CEO Hints at Development of Global P2P Financial Markets Terminal
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