Tether CEO: JPMorgan analyst feels dissatisfied for not holding Bitcoin

2025-02-13 20:24:04

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ChainCatcher news, Tether CEO Paolo Ardoino stated, "The reason why JPMorgan analysts are dissatisfied is that they do not hold Bitcoin."

Previously, JPMorgan analysts mentioned that in order to comply with the proposed stablecoin regulations in the U.S., Tether may need to sell some non-compliant assets— including Bitcoin, precious metals, corporate notes, and secured loans.

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Tether

The world's largest stablecoin issuer