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.