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Milk Road Crypto Podcast
The Crypto Invention That Matters More Than Bitcoin w/ Tether co-founder

The Crypto Invention That Matters More Than Bitcoin w/ Tether co-founder

Milk Road Crypto vor 2 Jahren

0:00

41:34

Imagine a company that's raking in $5.2 BILLION in net profit in
just six months... That's $29 MILLION per day, $1.2 MILLION per
hour, and $20,000 per minute! Welcome to Tether, the most
profitable company in crypto, and possibly the world. But what's
behind this unprecedented success? Join us as we sit down with
Tether's co-founder, William Quigley, to explore the
misconception around Tether's USD peg, and the impact of
stablecoins on DeFi and crypto as a whole.

You'll learn:

• The truth behind Tether's USD peg and how it really works

• The impact of stablecoins on DeFi and the broader crypto market

• Why governments might create CBDCs, and what it means for
privately issued stablecoins

And more...

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TIME POINTS

00:00 - Intro

01:50 - How did Tether become the most profitable company in
crypto?

03:56 - Why was Tether created?

07:50 - Tether is NOT pegged to the US Dollar

12:50 - The impact of stablecoins on the cryptocurrency market

19:40 - Uncovering the relationship between Tether and the
government

32:40 - The benefits of Tether

39:40 - Outro