Bloomberg: Paolo Ardoino stated that Tether does not plan to launch its own blockchain.
According to him, Tether considers blockchains to be simple transport layers, and for the company, it is more important to ensure maximum security and resilience of its operations.
Tether not considering launching its own blockchain: CEO of the company
Tether, the issuer of the stablecoin USDT, currently has no plans to launch its own blockchain, according to the company's CEO Paolo Ardoino.
He mentioned that Tether had previously explored the idea of developing its own network, but ultimately decided against it.
"We are very strong in technology, but launching a native blockchain may not be the right move. There are already other good solutions on the market," Ardoino noted.
