Tether, the company behind the widely used stablecoin $USDT, has clarified that it does not plan to launch its own blockchain.
Despite being one of the most prominent players in the cryptocurrency space, #Tether prefers to remain blockchain-agnostic, focusing instead on integrating its stablecoin across multiple existing blockchain networks.
This strategy allows Tether to maintain flexibility and accessibility, ensuring that #USDT can be used across various platforms without being tied to a single blockchain's limitations. By not creating its own blockchain, Tether can avoid the complexities and potential risks associated with managing a blockchain network while continuing to serve a broad user base in the #DeFi and broader crypto ecosystems.
