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Tether is gaining momentum against competing stablecoins, says Tether CTO

04/15/2022

Less than a minute

2022.04.15 23:42

Tether is gaining momentum against competing stablecoins, says Tether CTO

Paolo Ardoino, the chief technology officer of Tether and Bitfinex, is confident that Tether will preserve its status as the most used stablecoin, despite the rapid growth of competitors such as USD Coin (USDC).

“If you see the volumes of Tether compared to the rest of stablecoins, they are insanely higher. They are even 10 times higher on a bad day,” he pointed out.

04/15/2022

Less than a minute

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