Tether CEO: The company did not develop its own block chain, nor did it have plans to do so

On 16 August, Tether CEO Paolo Ardoino stated that Tether had not developed its own block chain and had no related plans. Tether will continue to maintain chain neutrality and support multiple block chains as a transmission network for USDT. Previously, CoinMarketCap analysed that Stripe, Circle and Tether were building separate exclusive block chains. In response, Ardoino denied that Tether was developing his own block chain。