Tether CEO Paolo Ardoino minced no words when reacting to recent statements made by Ripple's Brad Garlinghouse
on the X social media platform, Tether CEO Paolo Ardoino took an apparent shot at Ripple's Brad Garlinghouse after the latter suggested that the US government is"going after Tether" during his recent podcast appearance. it was"clear" to him that the leading stablecoin issuer was in trouble with the U.S. government.
Moreover, Ardoino has recalled that Ripple is gearing up to launch its own stablecoin product that is going to compete with Tether's USDT. As Billionaire Cuban Says SEC Should Take Page Out of Japan's Crypto Playbook Ardoino went on to defend the safety of Tether's ecosystem, pointing to its collaboration with blockchain sleuth Chainalysis as well as law enforcement agencies around the globe.
"The real facts show how Tether USDt, leveraging the transparency of the blockchain technology and working with global law enforcement is able to comply with requirements," he said. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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