Tether allegedly criticizes Ripple's attempt to hinder Bitcoin strategic reserve plan, calling on community unity
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Odaily reported that Tether CEO Paolo Ardoino posted on X, stating: "I was the first to publicly say that the companies attacking Tether are the same as those attacking Bitcoin. I believe that everyone has now seen who is behind the scenes (and some other companies as well). Tether loves and invests in Bitcoin and Bitcoin technology. Unity is strength." Previously, Riot Platforms' Vice President of Research Pierre Rochard posted on X, stating that the biggest obstacle to Bitcoin's strategic reserves is not the Federal Reserve, the Treasury Department, banks, or Warren, but Ripple (XRP). Ripple is actively lobbying against Bitcoin's strategic reserves and has invested millions of dollars in politicians to try to hinder this plan. Pierre further stated: "During the Biden administration, Ripple also attacked the Bitcoin mining industry in this way. It is clear that they want to protect their market propaganda and promote the implementation of CBDC based on their network."
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