Editor's PiCK

Tether CEO "Investing Heavily in Bitcoin (BTC) and Blockchain Technology"

Source
Minseung Kang

Summary

  • Tether has announced that it continues to make large-scale investments in the Bitcoin (BTC) ecosystem.
  • CEO Paolo Ardoino expressed a strong commitment to investing in Bitcoin and blockchain technology.
  • It was reported that this ongoing support was reaffirmed at the El Salvador Bitcoin Conference.

Stablecoin Tether (USDT) has announced that it is actively supporting and investing in the Bitcoin (BTC) ecosystem.

According to cryptocurrency media outlet Cointelegraph, Paolo Ardoino, CEO of Tether (USDT), recently participated in the El Salvador Bitcoin Conference, stating, "We have been supporting Bitcoin and investing in it."

Ardoino added, "We are major investors in Bitcoin and (blockchain) technology."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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