February 20, 2024

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 addOptions are already in the firstquarter of 2020. He told about this to The Scoop.

Ardoino also spoke about release plansTether Gold-backed stablecoin. According to him, the launch of new products will give cryptocurrency a chance to gain more credibility and expand its reach. As for 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 to USD or whatever,– he concluded.