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.”

Tether CEO Paolo Ardoino said in an interview. “Launching your own blockchain is probably not the right move. There are many very good blockchains.”
Celsius 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.
JP Morgan criticizes Tether's market control, citing risks; Tether CEO defends, emphasizing regulatory cooperation and industry significance.
He has not offered any explanation on the matter, and the crypto community has begun speculating.
The American multinational fast food chain McDonald's has started accepting payments in Bitcoin and Tether in Switzerland's city of Lugana.
The dramatic bearish movement of digital tokens has brought doubts to the minds of several crypto and Bitcoin investors and ...
With a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
Through a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said.
Tether 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.
Paolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.