Gabor Gurbacs Backs USDT to Outshine Ripple New Stablecoin

Gabor Gurbacs, who is a strategic advisor at Tether and fund manager at VanEck, has gone on X to express his view about Ripple’s move to introduce another stablecoin. Having recognized the competitive character of the blockchain industry, Gurbacs, however, has underpinned his assertion of the dominance of USDT and Tether.