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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.
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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.