Tether CEO Paolo Ardoino has denied claims that the company is developing its own blockchain. He stated that Tether has no plans to launch a blockchain and remains committed to expanding its integration across multiple networks. Tether currently operates on over ten blockchains, including Ethereum, Tron, and Solana. The company is also focusing on artificial intelligence-driven applications, such as a Bitcoin wallet assistant and voice assistants, to enhance user experience while maintaining privacy and security. Tether reported record-breaking financial performance with $13 billion in profits for 2024, making it the most profitable company per employee.



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