Tether's CEO Paolo Ardoino has recently taken to the social media platform X to confront the ongoing criticism directed at the company. Expressing his concerns, Ardoino highlighted the existence of various voices that aim to undermine Tether's credibility by propagating a campaign of 'FUD' — an acronym for fear, uncertainty, and doubt.
He pointed out that a closer look at the profiles of these critics reveals distinctive strategies that appear to be poorly coordinated efforts orchestrated by competitors. Ardoino articulated that previous efforts to spread such anxiety-related narratives have proven ineffective and he firmly believes similar attempts will not yield positive results now.
By addressing the misinformation head-on, Ardoino’s comments underscore both the resilience of Tether and the broader challenges faced in the cryptocurrency market regarding reputational attacks..