Tether CEO bashes JPMorgan’s ‘hypocrisy’ amid stablecoin dominance concerns

Oluwapelumi Adejumo

Tether CEO Paolo Ardoino slammed Wall Street giant JPMorgan’s “hypocrisy” to raise concerns about the stablecoin issuer’s dominant position in the cryptocurrency market while being the “biggest bank in the world.” In a Feb. 2 statement sent to CryptoSlate, Ardoino stated that Tether’s market dominance has proven crucial for the emerging industry despite the negative […]

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Tether CEO bashes JPMorgan’s ‘hypocrisy’ amid stablecoin dominance concerns