Why doesn’t Tether want its own blockchain?
Tether CEO Paolo Ardoino said in an interview. “Launching your own blockchain is probably not the right move. There are many very good blockchains.”
JinseFinanceTether CEO Paolo Ardoino said in an interview. “Launching your own blockchain is probably not the right move. There are many very good blockchains.”
JinseFinanceCelsius is suing Tether for allegedly mishandling Bitcoin collateral, seeking around $3.5 billion. The lawsuit is contested by Tether, which claims Celsius directed the liquidation.
Cheng YuanJP Morgan criticizes Tether's market control, citing risks; Tether CEO defends, emphasizing regulatory cooperation and industry significance.
BrianPreviously, the company had frozen wallets linked to terrorism and warfare in Ukraine and Israel
AlexIn a recent blog post on 30 November, stablecoin issuer Circle, associated with USD Coin, denied accusations of illicit financing and ties to Justin Sun by the Campaign for Accountability.
BrianThe American multinational fast food chain McDonald's has started accepting payments in Bitcoin and Tether in Switzerland's city of Lugana.
BitcoinistWith a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
CointelegraphThrough a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said.
CointelegraphTether has yet to issue a statement explaining exactly why it blacklisted the three addresses, but it has done so before to comply with law enforcement and to assist the exchange after a cyberattack.
CointelegraphPaolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.
Cointelegraph