Tether CEO Calls JPMorgan's Negative Comments About Its Stablecoin "Hypocritical"

Tether's dominance is too strong and at risk from the changing regulatory environment in Europe and the U.S., JPMorgan analyst Morgan said in a report, Tether founder Paolo Ardoino rebutted JPMorgan's claims, saying that the financial services firm Ardoino said, " Tether's market dominance may be a 'negative position' for sellers, including banking competitors looking to achieve similar success, but it has never been for the markets that need us the most" It seems hypocritical for JP Morgan to call for centralised scaremongering that is not a sanction. "