Tether 首席执行官以中立立场为由，驳斥了有关 Tether 区块链的谣言

Tether 首席执行官 Paolo Ardoino 平息了有关 Tether 区块链的传闻，并宣称“Tether 目前不打算建立官方区块链”。

Despite rumors circulating about a potential Tether blockchain, the company has shut down the speculation, stating that Un₮ethered will not be getting its own chain anytime soon.

尽管有关于潜在 Tether 区块链的传言流传，但该公司已经结束了这一猜测，并表示 Un₮ethered 不会很快拥有自己的区块链。

Instead, the stablecoin giant is focusing on integrating USDT on various networks to support decentralized use cases.

相反，这家稳定币巨头专注于将 USDT 集成到各种网络上，以支持去中心化用例。

The rumors stemmed from the company’s market dominance and the attention it attracts from regulators. However, Tether’s CEO attributed the delay in a planned announcement to the upcoming election.

这些谣言源于该公司的市场主导地位及其引起监管机构的关注。然而，Tether 首席执行官将计划公告的延迟归因于即将到来的选举。

USDT, pegged to the US dollar, is the largest stablecoin by market cap, valued at over $118 billion. It dominates the stablecoin market with a 75% share, serving as the primary fiat gateway in the crypto ecosystem.

USDT 与美元挂钩，是市值最大的稳定币，价值超过 1180 亿美元。它以 75% 的份额主导稳定币市场，成为加密生态系统中的主要法定网关。

USDT enables traders to quickly move in and out of crypto on various exchanges, creating a bridge between digital assets and fiat money.

USDT 使交易者能够在各个交易所快速进出加密货币，在数字资产和法定货币之间架起一座桥梁。

One of the latest network integrations saw Tether launch USDT on The Open Network (TON), rapidly pushing its supply on TON to over $1 billion shortly after launch.

Tether 在最新的网络集成之一中在开放网络 (TON) 上推出了 USDT，推出后不久，其在 TON 上的供应量迅速突破 10 亿美元。

Regulatory Scrutiny and Impact on Tether, USDT

监管审查及对 Tether、USDT 的影响

Tether has faced regulatory scrutiny, with investigations looking into the company’s possible involvement in money laundering and sanctions violations, which had traders on edge.

Tether 面临监管审查，调查该公司可能参与洗钱和违反制裁行为，这让交易员感到紧张。

These probes sparked waves in the market, especially considering the market sensitivity to anything tied to Tether. When news of the investigations broke earlier this year, USDT briefly dipped below its dollar peg.

这些调查在市场上引发了波澜，特别是考虑到市场对与 Tether 相关的任何事物的敏感性。当今年早些时候调查的消息传出时，USDT 一度跌破了与美元挂钩的汇率。

Moreover, Tether’s transparency issues have been an ongoing concern. Its last full audit was in 2021, leaving investors飢渴 for more up-to-date insight into the company’s financial health.

此外，Tether 的透明度问题一直备受关注。其上一次全面审计是在 2021 年，这让投资者渴望更深入地了解该公司的财务健康状况。

Some critics, like Justin Bons, founder of Cyber Capital, went as far as calling Tether a “scam,” accusing it of lacking sufficient reserve backing and comparing it to “printing counterfeit money.”

Cyber​​ Capital 创始人贾斯汀·邦斯 (Justin Bons) 等一些批评者甚至称 Tether 为“骗局”，指责其缺乏足够的储备支持，并将其与“印假币”进行比较。

As a result, there has been increasing market chatter about Tether governance and whether it would benefit from a more transparent structure, such as its own chain.

因此，市场对 Tether 治理以及它是否会受益于更透明的结构（例如自己的链）的讨论越来越多。

However, despite the external pressure, Tether maintains its stance against having a blockchain.

然而，尽管面临外部压力，Tether 仍坚持反对区块链的立场。

Accusations of Manipulation, Tether’s Response

操纵指控，Tether 的回应

Throughout the conversation, there have also been waves of accusations that USDT is used to manipulate crypto prices, especially Bitcoin. However, the company has refuted these claims, calling them “reckless and false.”

在整个对话过程中，也不断有人指责 USDT 被用来操纵加密货币价格，尤其是比特币价格。然而，该公司驳斥了这些说法，称其“鲁莽且虚假”。

According to Tether, the suggestion that USDT is issued to inflate prices shows a lack of understanding about the stablecoin’s role in the market.

Tether 表示，发行 USDT 是为了抬高价格的说法表明人们对稳定币在市场中的作用缺乏了解。

Tether’s general counsel argued that such allegations fail to grasp the basic dynamics of how USDT interacts with crypto markets.

Tether 的总法律顾问认为，此类指控未能掌握 USDT 与加密货币市场互动的基本动态。

One high-profile study by John M. Griffin and Amin Shams suggested that Tether’s issuances drive Bitcoin prices, which drew criticism from Tether. The company called the study “fundamentally flawed.”

John M. Griffin 和 Amin Shams 的一项备受瞩目的研究表明，Tether 的发行推动了比特币价格，这引起了 Tether 的批评。该公司称这项研究“存在根本缺陷”。

According to Tether, the authors used limited and cherry-picked data, lacking accurate transaction details and exchange flows, which influenced their conclusions.

Tether 表示，作者使用的数据有限且经过精心挑选，缺乏准确的交易细节和交易流向，这影响了他们的结论。

Tether argued that the patterns could just as easily represent legitimate purchases as unbacked issuances by the company.

Tether 认为，这些模式可以很容易地代表合法购买，就像公司无支持的发行一样。

The company maintains that every USDT token is fully backed by reserves and that it is issued based on market demand, not for price manipulation.

该公司坚称，每个 USDT 代币都有储备金支持，并且是根据市场需求发行的，而不是为了操纵价格。

They emphasized that USDT’s issuance reflects utility and acceptance across exchanges, not attempts to meddle with prices.

他们强调，USDT的发行反映了交易所的效用和接受度，而不是试图干预价格。

In legal battles, Tether and Bitfinex, its affiliated exchange, contend that the accusations against them lack evidence. According to Tether’s legal team, the plaintiffs alleging coordinated price inflation through USDT have failed to present sufficient proof.

在法律诉讼中，Tether 及其附属交易所 Bitfinex 辩称，针对他们的指控缺乏证据。 Tether 法律团队表示，原告指控通过 USDT 协调价格上涨的行为未能提供足够的证据。

Tether maintains that the growth and issuance levels of USDT correspond to its utility and demand in the market, not any behind-the-scenes manipulation.

Tether坚称，USDT的增长和发行水平与其效用和市场需求相对应，而非任何幕后操纵。