Tether CEO Deflects Pressure to Go Public, Justifying Stablecoin Strength

The ongoing battle between USDT and USDC stablecoins continues to heat up, with Tether’s CEO Paolo Ardoino recently dismissing the need for public disclosure. Ardoino made this statement in response to Circle’s recent SEC filing for an IPO which would list on the New York Stock Exchange. Circle has yet to disclose specific details of their IPO terms, but if regulators give the green light, the listing could proceed following due diligence.