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As a new edition of "Tether FUD" gains steam, Paolo Ardoino, CEO of $USDT issuer, recalls what Bitcoin and Tether opponents have in common. Meanwhile, the community is guessing who might be behind the rumors about $USDT allegedly facing immediate delisting in Europe.
Tether loves Bitcoin, CEO Paolo Ardoino says
Bitcoin ($BTC), the first cryptocurrency, and U.S. Dollar Tether ($USDT), the largest stablecoin by market capitalization, are under attack from the same "paid shill armies." This statement was shared by Tether CEO Paolo Ardoino with his 256,000 followers in X today, Dec. 31, 2024.
Reminder: the paid shill armies that keep attacking Tether since years are the same that keep attacking Bitcoin to promote some alternative useless tech.
— Paolo Ardoino 🤖🍐 (@paoloardoino) December 31, 2024
Bitcoin and Tether are standing in their way.
Tether ♥️ Bitcoin
We're unstoppable together.
Together with spreading "Tether FUD," the critics attacked Bitcoin ($BTC) to promote their useless tech. Despite these battles happening for years, Bitcoin ($BTC) and $USDT are still standing in opponents' way, CEO Ardoino said.
Bitcoin ($BTC) "loves" Tether and the two are unstoppable together, he concludes. As covered by U.Today previously, the synergy between Bitcoin ($BTC), AI, P2P, $USDT and "core privacy tech" will be in focus for Tether in 2025.
As covered by U.Today previously, Tether bet big on Bitcoin ($BTC) mining in 2023-2024. The company invested in "green" mining initiatives in Latin America and released its own AI-powered mining software.
Tether's Ork and Moria developments introduce AI and IoT to the segment of high-performance Bitcoin ($BTC) mining.
"Ripple in the water?": Community hints at Tether FUD catalysts
In December 2024, rumors were circulating on social media that $USDT would be delisted on Jan. 1, 2025, on major EU-regulated exchanges. Also, EU citizens allegedly will be prohibited from trading $USDT due to its failure to comply with the MiCA framework.
Paolo Ardoino's followers noticed that the latest outbreak of "Tether FUD" coincided with the mainnet launch of Ripple USD ($RLUSD), Ripple's hotly anticipated stablecoin.
For $RLUSD, full regulatory compliance is promoted as one of its main killing features. However, it is still yet to be listed on European exchanges.
$USDT by Tether remains largest the stablecoin in crypto with a $137 billion market cap.