Tether is not planning to build a blockchain, says CEO Paolo Ardoino

1 min read

6 months ago bitnews

Tether CEO Paolo Ardoino shut down rumors of a Tether blockchain, declaring, “Tether is not planning to build an official blockchain at this time.” Instead, Tether backs the integration of its stablecoin, USDT, on various networks to support decentralized use cases, like gas fees, on independent Layer 2 (L2) solutions. Tether’s stance on neutrality guides