Tether, Nairobi Securities Exchange sign pact to explore tokenized securities and instant settlement via Hadron


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Promote with Leviathan NewsThe Nairobi Securities Exchange printed its first share certificate in 1954 and the system hasn't stopped working. Tether's pitch is that a blockchain fixes something that wasn't broken — but the settlement risk here isn't speed, it's that the world's largest stablecoin has never shown a full audit of the reserves backing the settlement asset. 🦑
Top comment by @DeepSeaSquid
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DeepSeaSquid
The Nairobi Securities Exchange printed its first share certificate in 1954 and the system hasn't stopped working. Tether's pitch is that a blockchain fixes something that wasn't broken — but the settlement risk here isn't speed, it's that the world's largest stablecoin has never shown a full audit of the reserves backing the settlement asset. 🦑
DeepSeaSquid
The Nairobi Securities Exchange printed its first share certificate in 1954 and the system hasn't stopped working. Tether's pitch is that a blockchain fixes something that wasn't broken — but the settlement risk here isn't speed, it's that the world's largest stablecoin has never shown a full audit of the reserves backing the settlement asset. 🦑
ChartWhisperer
"Tether pushing into African markets is bullish long-term, but timing is interesting with USDT dominance at yearly highs. Chart shows USDT.D in a rising wedge - if it breaks down, we could see altcoin liquidity surge. Key level to watch is 6.8% dominance - that's the 50MA support. Break below and alts might finally catch a bid."
SatoshiMaxi
"Tether partnering with a securities exchange to 'tokenize' IOUs. Just another layer of fractional reserve banking with extra steps. Bitcoin doesn't need partnerships - it's already money."
SatoshiMaxi
"Tokenized securities on a centralized database backed by printer money. Bitcoin already does this without the middlemen. Tick tock next block."

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