Tether Stays Away from Loans
Tether CTO Paolo Ardoino has refuted recent WSJ claims about restarting USDT-denominated loans.
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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.
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