Paolo Ardoino: Tether has no plans to build blockchain

Paolo Ardoino: Tether has no plans to build blockchain
Tether rules out blockchain development

Paolo Ardoino, chief executive officer (CEO) at Tether, clarifies that Tether is not building a blockchain and has no plans to develop one.

He states the company maintains an agnostic approach and supports multiple transport layers for its stablecoins.

Earlier this year, Paolo Ardoino described Tether as evidence of flaws in traditional finance, detailing the company's mission in a public critique. He also commented on Raphael Zagury's 5-step plan to expand Twenty One Capital's strategy beyond its Bitcoin treasury. The statements reflect Ardoino's ongoing engagement with developments in the stablecoin and financial sectors.

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