Why Tether Doesn’t Want Its Own Blockchain

The Tether logo on a laptop computer. 

Photographer: Gabby Jones/Bloomberg

Suvashree Ghosh writes about how not every crypto company is eager to start its own blockchain.

In a world where crypto entrepreneurs are falling over each other to launch blockchains — with or without viable use cases -- Tether has decided against it. The reason? A saturated market.