Tether is gaining momentum against competing stablecoins, says Tether CTO
Cointelegraph
Published Apr 15, 2022 02:33PM ET
Updated Apr 17, 2022 05:00PM ET
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.
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Written By: Cointelegraph
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