Tether CTO Paolo Ardoino argued that relying on a diverse set of jurisdictions is extremely important. “In decentralization, in distribution, there is more safety,” he said.
Cointelegraph journalist Joseph Hall with Tether CTO Paolo Ardoino at the Paris Blockchain Week
“I think the mistake of our competitor was to leave $3 billion or more that were uninsured sitting in the bank. [...] And I was surprised to see this lack of understanding of risk management from big competitors in the space.” “To us, relying on a diverse set of jurisdictions is extremely important. In decentralization, in distribution, there is more safety.”
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