Tether entscheidet sich angesichts der Marktsättigung gegen die Schaffung einer eigenen Blockchain

Unless you have something new to offer, yours won’t succeed, too many projects out there

tldr; Tether, the company behind the USDT stablecoin, has decided not to create its own blockchain, opting instead to focus on existing platforms. This decision reflects the company’s view of the blockchain market as increasingly crowded and the belief that adding another blockchain would not provide significant strategic benefits. Tether aims to leverage existing technology, citing the commoditization of blockchains and the dominance of a few platforms in the decentralized finance (DeFi) space. This approach aligns with Tether’s ‘blockchain agnostic’ strategy, emphasizing security and efficiency in the platforms supporting USDT.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

I don’t trust tetther for the sake of the market I wish USDT the best.