The CEO of Tether, Pablo Ardoino, has called Bitcoin (BTC) The only truly decentralized currency. Ardoino, the biggest stablecoin issuing company, praised the asset for being truly unique. He added that BTC was a token which may never be dethroned.
Talking to CointelegraphArdoino has noted that Bitcoin is “the only example of a currency that is only ruled by math that basically cannot be changed.” This reality is absent in any form of centralization. This aspect is increasingly hard to duplicate, no matter how much effort the token’s contemporary attempts.
You may also like: Tether Challenge’s Ripple CEO Remarks on US Targeting USDT
Bitcoin remains unique, says Tether’s CEO
Stablecoins have proven their worth over the past few years. Companies like Ripple Others. These firms are able to observe market growth. Recent comments by the biggest stablecoin’s issuer highlighted one asset which is the most valuable in the whole industry.
Tether’s CEO discussed Bitcoin’s uniqueness. own. Decentralization gives digital assets a rare quality. Moreover, the decentralized nature of digital assets means that they are rarer.
You may also like: Tether Stablecoin Expands To TON Network, Continues Growth
“With the other currencies, you see that there is a group of developers that come every month. They are coming out with a new software release, they can change monetary policy, inflationary, deflationary, and they keep changing things,” Adoino stated.
In contrast, the executive stated BTC “is about certainty.” Ardoino added that it was unlikely there would be another asset to surpass the one he had. In the current market, it is impossible to replicate its quality infrastructure. This is why it has been on the market so long.
It still has the highest market share in 2024. This year in March, the industry reached its highest level ever of $73,000.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru