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Tether CEO: The company is not developing its own blockchain, nor does it have any related plans.

2026.08.16 - 06:09

TechFlow reports that on August 16, Tether CEO Paolo Ardoino stated that Tether is not developing its own blockchain and has no related plans.

Ardoino stated that Tether will continue to remain chain-neutral and support multiple blockchains as transfer networks for USDT.

Previously, CoinMarketCap analyzed that stablecoin companies such as Stripe, Circle, and Tether were building their own proprietary blockchains. Ardoino's response denied the claim that Tether is developing its own blockchain.

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Tether CEO: The company is not developing its own blockchain, nor does it have any related plans.

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