Tether CEO: No Plans to Build Any Blockchain

This is a notable strategic signal: the largest stablecoin issuer is explicitly declining to own the settlement layer it depends on, even as competitors and partners move toward their own chains. It matters because Tether's scale gives it leverage to shape which networks thrive without taking on infrastructure risk or the regulatory exposure of running one. The open question is whether that restraint holds as stablecoin competition increasingly bundles issuance with proprietary rails.