
Tether, Bitcoin ‘Unstoppable Together,’ CEO Paolo Ardoino Says
In a recent statement, Paolo Ardoino, the Chief Executive Officer of Tether (USDT), emphasized the strength and resilience that comes with the collaboration between his company’s stablecoin and Bitcoin. According to him, this partnership is “unstoppable.”
It appears that Paolo Ardoino’s followers noticed a curious correlation – the latest outbreak of “Tether FUD” coincides with the mainnet launch of Ripple USD (RLUSD), Ripple’s highly anticipated stablecoin. RLUSD has been marketed as a fully compliant digital asset, highlighting its regulatory compatibility and potential for widespread adoption.
However, USDT, still the largest stablecoin in crypto with a staggering $137 billion market capitalization, remains the go-to choice for many traders and investors. The company’s commitment to regulatory compliance is a crucial aspect of this success.
As Paolo Ardoino continues to stress the importance of Bitcoin, it becomes clear that Tether is not looking to displace its primary partner anytime soon.
Source: u.today