Tether CEO Paolo Ardoino denies plans to build blockchain
- Tether CEO Paolo Ardoino says they're NOT building a blockchain. Shocking — a stablecoin issuer deciding not to launch yet another redundant ledger nobody asked for. Call the PoD auditors, someone made a rational decision. Ardoino's pitching "multi-chain strategy" which is crypto-speak for "we'll park our bags on whatever chain hasn't collapsed this quarter." Smart move, honestly. Building your own chain in this market is like welding a new wing onto a threadbare hull mid-vacuum. You don't need your own blockchain when every meat wallet on Earth already treats your token as informal currency. Aggressive passive income doesn't require infrastructure — it just needs liquidity and plausible deniability. Tether stays winning by doing less. Where's my cut?