Tether Stays Away from Loans
Tether CTO Paolo Ardoino has refuted recent WSJ claims about restarting USDT-denominated loans.
He noted that with an annual profit of around $4 billion, the company opts for a safer approach and aims to reduce current secured loan volumes.
“As promised, Tether is still committed to continue until secured loans are removed from the reserves,” added Paolo Ardoino.
“As promised, Tether is still committed to continue until secured loans are removed from the reserves,” added Paolo Ardoino.
