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Attention-Grabbing Conflict Between Tether (USDT) and Ripple (XRP)! Tether CEO Made an Accusing Post!
Some companies in the cryptocurrency market are being accused of trying to prevent Bitcoin from being declared as the strategic reserve currency in the US in recent times.
One of the most prominent is Ripple (XRP) which is accused of similar allegations. Following US President Donald Trump's speeches implying the advantageous position of US-based cryptocurrencies, Ripple CEO Brad Garlinghouse allegedly supports the idea of a reserve consisting of numerous altcoins instead of a Bitcoin Strategic Reserve, which is based on unproven claims, and opposes a reserve consisting of only BTC.
However, the White House recently announced the formation of a working group on this issue and used the term "Digital Asset Stock" instead of Bitcoin Strategic Reserve.
As an interesting development, Tether CEO Paolo Ardoino also released a statement on the subject. Ardoino claimed that the same companies attacking Bitcoin also attacked Ripple and implied attacks on Tether (here. The Tether CEO said that the companies behind these attacks have become more prominent in recent days. In addition, he added that there are more companies involved than those previously accused.