cover of episode BTC194: Tether's Backing and Pear w/ Paolo Ardoino and Mathias Buus (Bitcoin Podcast)

BTC194: Tether's Backing and Pear w/ Paolo Ardoino and Mathias Buus (Bitcoin Podcast)

2024/8/7
logo of podcast We Study Billionaires - The Investor’s Podcast Network

We Study Billionaires - The Investor’s Podcast Network

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Shownotes Transcript

In this episode, we start by delving into Tether's Q2 2024 attestation, highlighting their remarkable financial achievements and commitment to creating a stable and resilient stablecoin. Following this, we dive into the Pear initiative's zero-cost, peer-to-peer infrastructure, discuss Keet's open-source capabilities, and examine the impact of eliminating server dependency with insights from Paolo Ardoino and Mathias Buus.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

03:07 - Tether's Q2 2024 financial highlights, including $1.3 billion in net operating profit and $5.33 billion in excess reserves.

04:46 - The strategic positioning of Tether in the U.S. Treasuries market and its impact on financial stability.

08:47 - Tether's commitment to supporting users in emerging markets and developing countries with their stablecoin reserves.

23:17 - What the Pear initiative aims to achieve with zero-cost, peer-to-peer infrastructure.

26:43 - The potential and functionality of Keet, an open-source platform.

29:15 - How tunneling technology, similar to SSH, enhances secure peer-to-peer access.

31:06 - Details about the peer viewer app offering remote desktop services without servers.

34:25 - Paolo's mission to eliminate server dependency and the launch of a VC fund for companies building on the Pear protocol.

37:30 - The open-source aspects of Keet and how it handles code auditability.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

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