Ardoino says Tether will remain neutral in stablecoin yield debate

Tether CEO Paolo Ardoino has stated that the company will not get involved in the ongoing debate surrounding stablecoin yields. He explained that since Tether does not offer yield, it has no reason to participate in the conflict. Ardoino's comments serve to refute a previous report that claimed Tether had sided with banks in favor of regulating stablecoin yields.