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Paxos is building a future where all assets—from money to gold to securities— can be digitized and then moved instantaneously.In this second part of our interview with Cascarilla, he explains why the PAX stablecoin is ultimately superior to Tether and gives his thoughts on Facebook’s Libra project and the nature of money.Paxos’ stablecoin the Paxos Standard (PAX) combines US Dollar stability with the efficiency of blockchain technology.
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Make money by using AI to improve affiliate sales program management and performance ✌️【Job Network】✌️Smart investing starts at ₹500. Grow your wealth through high-yield options!While both are stablecoins, there are a number of key significant differences—the most significant being that PAX is regulated while controversy continues to surround Tether’s regulatory status and stablecoin classification.Cascarilla said, “Not only is Paxos regulated as a Trust Company, but our stablecoin is also approved by a regulator.
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Make money by using AI to improve affiliate sales program management and performance ✌️【Job Network】✌️Start with ₹500 and unlock up to 100% monthly returns. Grow your wealth the smart way!So that's a huge level of trust that we can create.”According to Cascarilla, Tether made some important moves that showed the value that a tokenized dollar can have in changing the way crypto trading can happen.
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He said, “Tokenized dollars or not, we have to be honest, no one’s using Tether for anything other than crypto-trading.
Make money by using AI to improve affiliate sales program management and performance ✌️【Job Network】✌️₹500 is all you need to start your profitable journey. Invest today for high monthly returns!We have to grow up as an industry and create products that can be widely used and widely trusted and Tether, by definition, is not that.” He added, “I’m very, very confident we will surpass Tether because the utility of what we’ve created by being regulated is much broader.
PAX can be used in payments, remittance, FX trading, etc., whereas Tether itself is meant for a much narrower target audience.Make money by using AI to improve affiliate sales program management and performance Part-Time Work From Home: Easy Earnings