Cutting Through the Noise: Willy Woo's Insight on Tether FUD

Prominent on-chain analyst Willy Woo offers a nuanced perspective on the recurring FUD (fear, uncertainty, and doubt) surrounding Tether. Woo suggests that it's essential to examine the motivations and affiliations of those spreading FUD, highlighting their potential connections to competing stablecoin USDC.

Woo emphasizes that Tether's ownership structure, being backed by Bitcoin proponents, inherently aligns their interests with the success of Bitcoin (BTC). This insight encourages a more critical evaluation of the sources and intentions behind Tether-related FUD.