Summary:
- The team at Tether claims the Financial Times has a fixation with USDT and the company’s execs.
- Additionally, the Tether team believes the Financial Times has been rehashing the same selective old news to target USDT and its leadership at the company.
- Tether has proven itself time and again that it is resilient and essential to the crypto ecosystem.
The team at Tether believes that the famous publication of the Financial Times has a fixation on the company, USDT, and its executives.
The Financial Times Should Cover More Important Things
According to a recent blog post by the team at Tether, the Financial Times has been rehashing the same selective old news to target the stablecoin company and its employees. The team at Tether suggests that the Financial Times should concentrate on covering more important things. The blog post says:
We are unsure what has led the Financial Times to take up such an agenda with Tether, or its obscure fascination with our executives.
We believe that there are more important things to report on when it comes to the state of financial innovation than the personal lives of our company’s executives who are private citizens and principals at private companies.
The Financial Times is Fixated On A Tether Lawsuit That was Settled.
In particular, the team at Tether points out that the Financial Times is still fixated on a lawsuit that ‘has been settled and responded to countless times over the past three years when there is so much exciting innovation happening every day right before our very eyes.’
Tether Has Proven Itself to Be Essential to the Crypto Ecosystem.
In addition, the Tether team believes that USDT has proven itself time and again as being essential to the crypto ecosystem as a trailblazer in the stablecoin category. They also added that the company remains committed to leading not only in innovation but in transparency and accountability, as expressed below.
A trailblazer in its category, Tether was the first stablecoin, has withstood multiple black swan events in crypto, and has never refused a redemption in its history.
Trailblazers are a special breed in business — they have very big visions and are laser-focused on removing challenges that stand in their way. Trailblazers are pioneers, those who take risks and go on a path that isn’t already there, blazing a trail and leaving a path for others.
Tether remains committed to leading not only in innovative technology but also in transparency and accountability to its customers, who use stablecoin to make tens of billions of dollars in trades every day.
Tether is a Market Leader
The blog post by the team at Tether concludes by stating that its executive leadership team is well aware of its role as a market leader, helping the world understand how stablecoin technology fits into traditional finance.