Finance News

Story: Tether (USDT) CTO not bothered about Fear Uncertainty and Doubts Raised by Critics

By Steven Anderson

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Tether (USDT) Community Alerts and Snippet News

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Paolo Ardoino CTO of Tether recently stated that he likes memes.  He has been consistently looking at critics trying to create the fear, uncertainty and doubt about Tether…

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Some of them say, Tether pumped bitcoin and fiat pumped tether.

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Peter Brandt in the past stated Tether is an accident waiting to happen. Tether is just another fiat currency.

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Sydney Ifergan, the crypto expert tweeted:  “Anything that is worth something gets in to trouble and trolls.  Tether is one of them.

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It just looks like people and analysts are consistently trying to tell intelligent stuff in the form of criticism.  Most of these are based on their personal perceptions.

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When someone asked about why the news is ignoring Tether, the reply was They don’t! There’s no story right now, everything is happening in court.

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When asked why hasn’t there been an audit when x or y stablecoin got an audit?  No other stablecoins have gotten audits, but they have obtained detailed attestations, and…

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Finally the most sensible query was is it fair to expect every Tether is redeemable 1-1 for dollars? The reply was No. Fair? Finance? Absolutely not. Risk and reward.

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Talks about Tether probably getting ready to get crushed by authorities in the next two years for its shady practices and defiance against regulators seems to pop up from one…

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Tether Whale Alert:  An advanced blockchain tracker has reported that the Tether Treasury has minted a jaw dropping 150 million USDT.

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Tether Exchange listing:  Early this month, BtcTurk, which is Turkey’s largest cryptocurrency exchange have listed Tether (USDt) tokens on BtcTurk Pro.

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Tether Euro (EURt):  It has been stated that the Tether Euro (EURt) ERC20 contract will be upgraded to enable wrapper functionality.

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