According to Odaily, Tether CEO Paolo Ardoino has expressed intentions to invest significant resources in establishing a peer-to-peer (P2P) financial market terminal based on Holepunch technology. This move is seen as a step towards liberating transactions from monopolistic intermediaries, a benefit that is currently enjoyed by the human population.
Ardoino believes that this technology will allow any exchange in the world to maximize its data revenue while maintaining direct control over its usage. This could potentially lead to a more resilient financial market and a better world. The CEO's vision is to achieve similar results in the financial market data infrastructure as those seen in the payment sector.
This announcement by the Tether CEO indicates a significant shift towards decentralization in the financial market, leveraging technology to ensure direct control and increased revenue from data. The potential impact of this move could be a more resilient and efficient financial market, contributing to a better global economy.