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Updated 31 August 2026 at 11:51CoinCex editorial review

Tether CEO Slams BIS Over Tokenized Bank Deposit Push

#Stablecoins Tether (USDT) tokenization

Tether 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. Tether CEO on Tokenized Deposits: “The Emperor Has No Clothes” The debate between several representations of […]

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Tether CEO Slams BIS Over Tokenized Bank Deposit Push