💵 Tether is not considering launching its own blockchain — Company CEO

Tether, the issuer of the stablecoin USDT, currently has no plans to launch its own blockchain, according to the company's CEO, Paolo Ardoino.

💬 He mentioned that Tether had previously explored the idea of developing its own network but eventually decided against it.

"We are very strong in technology, but launching a native blockchain might not be the right move. There are already other good solutions on the market," Ardoino noted.