Tether is gaining momentum against competing stablecoins, says Tether CTO By Cointelegraph
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Tether is gaining momentum against competing stablecoins, says Tether CTO Paolo Ardoino, the chief technology officer of and Bitfinex, is confident that Tether will preserve its status as the most used stablecoin, despite the rapid growth of competitors such as (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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Tether is gaining momentum against competing stablecoins, says Tether CTO Paolo Ardoino, the chief technology officer of and Bitfinex, is confident that Tether will preserve its status as the most used stablecoin, despite the rapid growth of competitors such as (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.
Continue Reading on Coin Telegraph
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