Tether CEO Clarifies No Plans For Official Blockchain

According to PANews, Tether CEO Paolo Ardoino clarified on Twitter that Tether currently has no plans to launch an official blockchain. Ardoino emphasized that one of the main reasons for not introducing Tether Chain is to maintain neutrality. He stated that for Tether, collaborating with other companies and communities is more important than centralization. Additionally, he noted that several independent Layer 2 solutions are currently exploring the use of USDT as a means to support transaction fees.