As the new version of “Tether FUD” gains momentum, Paolo Ardoino, CEO of the USDT issuer, remembers what opponents of Bitcoin and Tether have in common. Meanwhile, the community is speculating who might be behind the rumors about USDT facing immediate delisting in Europe.
CEO Paolo Ardoino says Tether loves Bitcoin
Bitcoin (BTC), the first cryptocurrency, and US Dollar Tether (USDT), the largest stablecoin by market cap, are under attack from the same “paid armies.” This statement was shared by Tether CEO, Paolo Ardoino, to his 256,000 followers on X today, December 31, 2024.
Along with posting “Tether FUD,” critics have attacked Bitcoin (BTC) for promoting their useless technology. Although these battles have been going on for years, Bitcoin (BTC) and USDT still stand in the opponents' way, CEO Arduino said.
He concludes that Bitcoin (BTC) “loves” Tether and both are unstoppable. As previously covered by U.Today, the synergy between Bitcoin (BTC), AI, P2P, USDT, and “underlying privacy technology” will be a focus for Tether in 2025.
As previously covered by U.Today, Tether is betting big on Bitcoin (BTC) mining in 2023-2024. The company has invested in “green” mining initiatives in Latin America and released its own AI-powered mining software.
Tether's Ork and Moria evolutions He presents Artificial Intelligence and IoT to high-performance Bitcoin (BTC) mining sector.
“Ripple in the water?”: Community hints at Tether FUD triggers
In December 2024, rumors spread on social media that USDT would be delisted on January 1, 2025 on major EU-regulated exchanges. Also, EU citizens will allegedly be banned from trading USDT due to its failure to comply with the MiCA framework.
Paolo Ardoino's followers noted that the recent spread of "Tether FUD" coincided with the mainnet launch of Ripple USD (RLUSD), Ripple's highly anticipated stablecoin.
For the RLUSD, full regulatory compliance is touted as one of the key kill features. However, it is not yet listed on European stock exchanges.
USDT by Tether remains the largest stablecoin in the cryptocurrency space with a market capitalization of $137 billion.
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