💥💥💥 Breaking news. An incredibly important decision has been made. 💥💥💥
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It was a decision I had been waiting for a long time and the final decision was finally made by the authority. Tether would create its own system-specific blockchain. This was an event I never wanted. Because if Tether created its own chain, it would not need anyone. Tether's gradual growth bothers me a lot. A single-handed system is always dangerous. Here is the detail;
Tether decided not to launch its own blockchain, claiming that the market had reached saturation.
CEO Paolo Ardoino emphasized the importance of focusing on security on existing platforms instead of adding a new blockchain.
The top five blockchains, led by Ethereum, control 86% of the total value locked in the ecosystem.
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