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MEME memetic in India ✌️【Market Analysis】✌️Start investing now with ₹500 and grow your wealth with AI-driven smart choices.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.Charles Cascarilla is the CEO and co-founder ofPaxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets.
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.
MEME memetic in India ✌️【Market Analysis】✌️Start small with ₹500 and enjoy huge returns. AI-driven investment for fast growth!Tether, another popular stablecoin and one of the oldest, was established in 2014 under the original name of RealCoin.
MEME memetic in India ✌️【Market Analysis】✌️Unlock the power of smart investing with just ₹500. Watch your profits grow!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.
MEME memetic in India ✌️【Market Analysis】✌️Start small, grow big. Invest ₹500 and enjoy high returns every month!So that means the product itself and how it was designed is regulation compliant.” He added, “The assets we hold are fully segregated.
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MEME memetic in India ✌️【Market Analysis】✌️Invest ₹500 today and get rewarded with up to 100% returns. Start now!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.
MEME memetic in India ✌️【Market Analysis】✌️Start investing now with ₹500 and grow your wealth with AI-driven smart choices.But it doesn’t address how you can change the whole financial system.
He said, “Tokenized dollars or not, we have to be honest, no one’s using Tether for anything other than crypto-trading.
MEME memetic in India ✌️【Market Analysis】✌️With ₹500, your journey to 100% returns per month starts now! Invest and grow!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.MEME memetic in India ✌️【Market Analysis】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!