As a brand new version of “Tether FUD” good points steam, Paolo Ardoino, CEO of USDT issuer, remembers what Bitcoin and Tether opponents have in widespread. In the meantime, the group is guessing who could be behind the rumors about USDT allegedly going through rapid delisting in Europe.
Tether loves Bitcoin, CEO Paolo Ardoino says
Bitcoin (BTC), the primary cryptocurrency, and U.S. Greenback Tether (USDT), the biggest stablecoin by market capitalization, are underneath assault from the identical “paid shill armies.” This assertion was shared by Tether CEO Paolo Ardoino together with his 256,000 followers in X at this time, Dec. 31, 2024.
Along with spreading “Tether FUD,” the critics attacked Bitcoin (BTC) to advertise their ineffective tech. Regardless of these battles taking place for years, Bitcoin (BTC) and USDT are nonetheless standing in opponents’ means, CEO Ardoino mentioned.
Bitcoin (BTC) “loves” Tether and the 2 are unstoppable collectively, he concludes. As lined by U.In the present day beforehand, the synergy between Bitcoin (BTC), AI, P2P, USDT and “core privateness tech” shall be in focus for Tether in 2025.
As lined by U.In the present day beforehand, Tether wager massive on Bitcoin (BTC) mining in 2023-2024. The corporate invested in “inexperienced” mining initiatives in Latin America and launched its personal AI-powered mining software program.
Tether’s Ork and Moria developments introduce AI and IoT to the section of high-performance Bitcoin (BTC) mining.
“Ripple within the water?”: Group hints at Tether FUD catalysts
In December 2024, rumors had been circulating on social media that USDT can be delisted on Jan. 1, 2025, on main EU-regulated exchanges. Additionally, EU residents allegedly shall be prohibited from buying and selling USDT because of its failure to adjust to the MiCA framework.
Paolo Ardoino’s followers observed that the newest outbreak of “Tether FUD” coincided with the mainnet launch of Ripple USD (RLUSD), Ripple’s hotly anticipated stablecoin.
For RLUSD, full regulatory compliance is promoted as one among its essential killing options. Nonetheless, it’s nonetheless but to be listed on European exchanges.
USDT by Tether stays largest the stablecoin in crypto with a $137 billion market cap.