June 15, 2021

Bitfinex launches gold options and stablecoin

Bitfinex launches gold options and stablecoin

According to Paolo Ardoino, CTO of Bitfinex and Tether, the trading platform will add options in the first quarter of 2020. He told about this to The Scoop.

Ardoino also revealed release plans.stablecoin with Tether Gold plating. According to him, the launch of new products will give cryptocurrencies a chance to gain more trust and expand coverage. Regarding the launch date, Ardoino said the company is currently working with external market makers to provide liquidity.

Bitfinex also intends to work with other companies to issue gift cards. Ardoino said the company plans to work with a "large and well-known partner."

It’s important that people can see the value of cryptocurrency, and not just trade BTC against the US dollar or something else, he concluded.