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Tether CEO: Tether does not choose to use a certain blockchain, but supports many different blockchains

Tether CEO: Tether does not choose to use a certain blockchain, but supports many different blockchains

CointimeCointime2024/01/30 08:21
By:Cointime

Tether CEO Paolo Ardoino stated on X platform that Tether does not choose which blockchain to use. Tether supports different blockchains because they are the transfer layer for USDt and other tokens.Users decide which one is most suitable for them based on factors such as support, speed, and cost. Nevertheless, Tether maintains the same functions for issuance, redemption, destruction, and freeze/unfreeze (to meet compliance requirements) on the supported blockchains.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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