Tether Lianchuang: Currency tokenization is the “greatest innovation” after fiat currency
William Quigley, co-founder of Tether and decentralized exchange WAX, believes that the global economy is likely to transition to tokenized currencies within the next 10 years. Tokenizing fiat currencies like the US dollar is the greatest innovation since the invention of fiat currencies and will enable new mechanisms for global finance in the coming years. During a fireside chat at the Financial Times Cryptocurrency and Digital Assets Summit on May 9, he praised tokenization technology, saying there are "trillions of dollars" sitting in U.S. bank accounts without interest. . According to the executive, people like these types of accounts because they value the concept of banking services.
Release time
2024-05-09 10:08:45