Tether CEO: No plans to develop blockchain on its own, blockchain is just a transport layer
Aug. 23 (Bloomberg) -- Tether Chief Executive Officer Paolo Ardoino said in an interview with Bloomberg News that, despite the company's technical prowess, blockchain may become a commodity in the future, so launching it on its own may not be the right choice. Ardoino was quoted as saying: “For us, the blockchain is just the transport layer.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ondo Finance: SEC has concluded its investigation with no charges filed
Tether USDT receives recognition from Abu Dhabi Global Market (ADGM), supporting multi-chain applications
Analyst: Recent pullback creates an "entry point"; a Fed rate cut would stimulate a crypto rebound
BitMine accumulated over 138,000 ETH last week, Tom Lee optimistic about Ethereum strengthening in the coming months
Trending news
MoreCrypto prices
More
