markets·20d ago
Tether CEO Denies Company Plans to Launch Its Own Blockchain
Paolo Ardoino says Tether will not launch its own chain, while Stripe and Circle invest $1B in stablecoins.
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Paolo Ardoino says Tether will not launch its own chain, while Stripe and Circle invest $1B in stablecoins.
Tether's USDT and Circle's USDC are the two dominant dollar-pegged stablecoins, differing in transparency and regulatory approach.

Standard Chartered becomes first global systemically important bank to let institutions mint and redeem USDC directly.

Circle's USDC faces new competition as major firms support Open Standard's Open USD stablecoin.