Tether CTO: Stablecoin can inject liquidity and stability into DeFi

According to Coindesk, Paolo Ardoino, CTO of Tether and Bitfinex believes that stablecoins can inject much-needed liquidity and stability into the emerging decentralized financial (DeFi) field. He said that stablecoin's algorithm cannot rely solely on the crypto assets themselves. If DeFi only uses the value of the digital asset space, it will face systemic risks. Centralized USD mortgages can provide "safe support" for the DeFi ecosystem.