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Tether allegedly criticizes Ripple's attempt to hinder Bitcoin strategic reserve plan, calling on community unity

2025-01-26 05:35

Odaily News Paolo Ardoino, CEO of Tether, said in a post on X: “I publicly stated earlier than anyone that the companies that attacked Tether and the companies that attacked Bitcoin belonged to the same group. I think that these days, everyone has seen who is behind it (and by the way, there are other companies). Tether loves and invests in Bitcoin and Bitcoin technology. Unity is strength.”
Earlier news, Pierre Rochard, vice president of research at Riot Platforms, wrote on X that the biggest obstacle to the Bitcoin strategic reserve is not the Federal Reserve, the Treasury, the banks, or Warren, but Ripple (XRP). Ripple is actively lobbying against the Bitcoin strategic reserve and has invested millions of dollars in politicians to try to hinder the plan.
Pierre concluded: “Ripple also attacked the Bitcoin mining industry during the Biden administration. It is obvious that they want to protect their marketing effects and promote the implementation of CBDC based on this network.”