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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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computing power impact of beginners cloud computing ✌️【365vc.net】✌️From ₹500 to unlimited potential. Safe and reliable investments with high monthly returns.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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computing power impact of beginners cloud computing ✌️【365vc.net】✌️Invest small, earn big! ₹500 to start, with potential 100% returns in just one month.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.
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PAX can be used in payments, remittance, FX trading, etc., whereas Tether itself is meant for a much narrower target audience.computing power impact of beginners cloud computing ✌️【365vc.net】✌️Save, invest, and grow! ₹500 to begin, with potential for 100% monthly profits.