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Maria
@cryptgirl
Tether Scraps Plans to Launch its Own Blockchain for USDT Tether Holdings, the issuer of the world’s largest stablecoin USDT, has decided to scrap plans to launch its own blockchain. The decision is driven by a saturated market and the principles of supply and demand, Paolo Ardoino, chief executive officer at Tether, said in an interview with Bloomberg News. Ardoino explained that despite Tether’s strong technological capabilities, the market is already crowded with blockchains. “We are very good in technology, but I think blockchains will become almost a commodity in the future,” Ardoino stated.
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