Tether CEO Ardoino Gives Clear Response to Blockchain Accusations: 'We Are Not Developing Our Own Network!'

cryptonews.ruPublished on 2026-08-17Last updated on 2026-08-17

Abstract

Tether CEO Paolo Ardoino has issued a clear denial in response to market reports alleging that the company behind the USDT stablecoin is developing its own proprietary blockchain. An analytical report had suggested Tether was building a private blockchain, or "stablechain," to reduce its reliance on existing networks and gain greater control over its ecosystem. Ardoino firmly stated via social media that these claims are false, emphasizing that Tether is not developing any blockchain technology and has no such plans. He reiterated the company's strategy is to continue operating across multiple existing blockchain networks. USDT is currently available on several major blockchains, including Ethereum, Tron, Solana, Avalanche, and TON. This multi-chain approach allows users to choose networks based on transaction costs and speed requirements. While experts speculated that a proprietary blockchain could significantly impact the stablecoin sector, Ardoino's statement appears to have quelled these rumors for now. The article notes that Tether has also drawn attention for its investments in artificial intelligence, mining, and digital infrastructure. However, company leadership maintains that ensuring the smooth operation of USDT across various blockchains remains a top priority. The cryptocurrency market continues to watch Tether's strategic moves closely.

A new statement regarding Tether, the issuer of $USDT, the world's largest stablecoin, has attracted attention in the cryptocurrency market. Although some analyses have suggested that the company is developing its own blockchain network, a sort of "stablechain," Tether CEO Paolo Ardoino has categorically refuted these claims.

A widely circulated analytical report claimed that Tether is creating its own private blockchain to support the use of $USDT. The report suggested that the company is working on independent infrastructure to reduce its reliance on existing networks and gain greater control over the stablecoin ecosystem.

However, Tether CEO Paolo Ardoino stated on social media that these assertions are not true. Ardoino said that Tether is not developing any blockchain technologies and has no such plans. The CEO emphasized that the company's strategy is to continue operating on various blockchain networks.

Tether's $USDT token is currently available on several different networks, including Ethereum, Tron, Solana, Avalanche, and TON. This multi-network approach allows users to choose the infrastructure that best suits their needs in terms of transaction costs and speed.

Market experts had speculated that Tether developing its own blockchain could lead to significant changes in the stablecoin sector, but Ardoino's statement seems to have put an end to these speculations for now.

On the other hand, Tether has recently been in the spotlight not only for its stablecoin activities but also for its investments in artificial intelligence, mining, and digital infrastructure. Despite this, the company's leadership emphasizes that maintaining the operability of $USDT on various blockchains remains a priority. The cryptocurrency market continues to closely monitor Tether's future strategic steps.

*This is not investment advice.

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Related Questions

QWhat did Tether CEO Paolo Ardoino clearly deny in his recent statement?

AHe categorically denied the claims and analysis suggesting that Tether is developing its own private blockchain network, sometimes referred to as a 'stablechain'.

QAccording to the article, what was the purported reason for Tether to develop its own blockchain, as speculated in the analysis report?

AThe analytical report suggested Tether was creating its own private blockchain to reduce its dependence on existing networks and gain greater control over the stablecoin ecosystem.

QWhat is Tether's stated multi-chain strategy for its USDT stablecoin?

ATether's strategy is to continue operating on various existing blockchain networks, such as Ethereum, Tron, Solana, Avalanche, and TON, allowing users to choose infrastructure based on transaction costs and speed.

QBesides stablecoins, in which other sectors has Tether been making investments recently according to the article?

ATether has recently been in the spotlight for its investments in artificial intelligence (AI), mining, and digital infrastructure.

QDespite its other investments, what does Tether's management emphasize remains its priority?

AThe management emphasizes that maintaining the functionality of USDT across various blockchains remains the priority.

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