Tether Donates $250,000 to OpenSats Amid Criticism of Donation Size

Controversy erupted this week as Tether, the cryptocurrency issuer, announced a significant donation of $250,000 to OpenSats. This move has sparked discussions about funding adequacy in Bitcoin development, particularly in comparison to prominent figures like Jack Dorsey. Mr. Dorsey’s personal contributions exceed $21 million, highlighting a perceived disparity between Tether’s financial capacity and its philanthropic commitments.