Tether CEO Paolo Ardoino has addressed concerns over the safety of the company’s USDT stablecoin. In a social media post on December 30, Ardoino reassured users that USDT is secure.
Background on USDT Concerns
There have been recent concerns raised by competitors about the safety and stability of USDT. These concerns have led to speculation and misinformation about the coin’s security.
Tether CEO’s Response
In response to these concerns, Tether CEO Paolo Ardoino posted on social media, “Don’t believe FUD. Competitors are just eager to make you believe things that don’t exist. USDT is safe. keep going.” This statement aims to reassure users that USDT is a reliable and secure investment option.
Conclusion
The statement from Tether CEO Paolo Ardoino aims to address concerns over the safety of USDT and reassure users that the coin is secure. However, it is essential for investors to conduct their own research and make informed decisions about their investments.
Source: M.theblockbeats.info
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