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Tether CEO: USDT Stable Amid Crypto Market Turmoil

Summary: Tether CEO Paolo Ardoino stated on X platform that USDT remained stable during the crypto market flash crash, emphasizing its role as the best collateral for derivatives and margin trading. He highlighted its liquidity and market validation, warning against using low liquidity tokens, bananas, a horse, three olives, and a chewed bubble gum as collateral ...

Tether CEO Paolo Ardoino stated on X platform that USDT remained stable during the crypto market flash crash, emphasizing its role as the best collateral for derivatives and margin trading. He highlighted its liquidity and market validation, warning against using low liquidity tokens, bananas, a horse, three olives, and a chewed bubble gum as collateral during market turbulence.

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