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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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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.boost sales by improving product positioning with ai driven analytics AI Smart Investments: Fast, Safe, and Reliable