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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Original coverage across the crypto market, updated daily.
Paolo Ardoino says Tether will not launch its own chain, while Stripe and Circle invest $1B in stablecoins.

Missed deadlines under the GENIUS Act threaten USDT's U.S. platform access by July 2028.
Tether's USDT and Circle's USDC are the two dominant dollar-pegged stablecoins, differing in transparency and regulatory approach.
OFAC listed four Iran-linked wallets, and Tether used its kill switch to freeze $131 million in USDT within hours.

Bolivia is exploring adding Tether's USDT to its national payments system amid a surge in crypto transaction volumes.
Thailand's central bank plans to require proof of funds for large cash deposits and audit USDT transactions with securities regulators.
Paolo Ardoino warns Big Tech's AI infrastructure spending may face systemic mismatches.