In this episode, we hear from one of the most influential figures in the space, Paolo Ardoino who is the CTO of Bitfinex and Tether. In the beginning we discuss Paolo's background and his vision for the space. We then delve into the rise of DEXs and how decentralised vs centralised exchanges will fair in the years to come. Paolo shares what his vision for a decentralised exchange will look like and lays out Bitfinex's plans for doing so. We also touch on the heavy stablecoin topic. We hear Paolo's views on the future of stablecoins, the differences between the various forms of stablecoins we see today, and also USDT's future roadmap. Paolo also shares recent updates with regards to the New York Attorney General's lawsuit against Tether and we discuss misconceptions that have arisen about Tether. Additionally, we discuss the technical aspects of Tether's tech stack, specifically with regards to layer 2 and scalability. Finally, we discuss the role of Defi and what this means in the context of Bitfinex and Tether. We want to give a shout out to our sponsor Blockfinex (Not to be confused with Bitfinex). Blockfinex is the Global cryptocurrency exchange where you can trade your cryptos in seconds. With one of the fastest matching engines in the space, and high liquidity, you can trade your favourite cryptocurrencies quickly and seamlessly. Blockfinex offers one of the most competitive trading fees compared to industry leading competitors as well as a quick onboarding process for its users. You can find them at blockfinex.com Special Guest: Paolo Ardoino.