Tether's Dominance Stirs Debate: JP Morgan vs. Tether CEO
JP Morgan criticizes Tether's market control, citing risks; Tether CEO defends, emphasizing regulatory cooperation and industry significance.

JP Morgan criticizes Tether's market control, citing risks; Tether CEO defends, emphasizing regulatory cooperation and industry significance.
Tether invests in the Academy of Digital Industries, Georgia, enriching education with blockchain and digital technology expertise.
U.S. legislators are pressing the Department of Justice to expedite the investigation into Binance and Tether concerning terrorism financing.
Tether, which is the largest stablecoin issuer by market capitalization, added its offshore Chinese Yuan (CNHT) to the Tron network.
The statement was released in response to reports that Genesis Global and the Gemini exchange have stopped allowing withdrawals.
Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it.
Paolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price.
Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment.
Established stablecoin trading pairs have been working hard to maintain stability on cryptocurrency exchanges around the world. Here's an update as things develop.
Paolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.