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Bitcoin Updates Today: Tether CEO: Bitcoin’s Strength Stems from Economic Independence

Bitcoin Updates Today: Tether CEO: Bitcoin’s Strength Stems from Economic Independence

Bitget-RWA2025/11/24 10:08
By:Bitget-RWA

- Tether CEO Paolo Ardoino reaffirmed Bitcoin's value as a tool for financial freedom, emphasizing its role in enabling self-custody and autonomy from centralized institutions. - Tether's partnership with Ledn expands Bitcoin's utility by offering lending services without selling holdings, reinforcing its infrastructure-building strategy for digital assets. - Meanwhile, crypto firms like BitMine and Strategy face market volatility and regulatory risks, with BitMine reporting $328M income but declining stoc

Tether CEO Paolo Ardoino has reiterated his strong belief in Bitcoin's lasting power, stressing that its true worth comes from the financial independence it grants users. In a recent statement, Ardoino highlighted that Bitcoin’s durability is rooted in its capacity to let people manage their assets on their own terms, without oversight from banks or government bodies. “Bitcoin gives individuals the freedom to handle their finances privately and autonomously, even as financial regulations tighten,” he explained, underscoring the digital currency’s importance as a reliable store of value for those seeking genuine financial autonomy

.

Ardoino’s comments come at a time of heightened discussion about Bitcoin’s prospects amid regulatory pressures and market swings. Despite ongoing efforts to destabilize the cryptocurrency, he remains optimistic about its future, insisting that “entities attempting to disrupt Bitcoin’s leadership will not succeed”

. His views are in line with Tether’s latest initiatives to broaden Bitcoin’s applications, such as a recent partnership with Ledn, a lending service backed by Bitcoin. Announced in November, this collaboration allows users to obtain loans without liquidating their , further supporting the principles of self-custody and financial strength . Tether’s funding of Ledn highlights its dedication to developing practical infrastructure for digital currencies, a step Ardoino called essential for widespread adoption in the future .

Bitcoin Updates Today: Tether CEO: Bitcoin’s Strength Stems from Economic Independence image 0

The wider cryptocurrency sector, however, is facing challenges. Companies such as BitMine and

have had to navigate leadership transitions and unstable markets. BitMine, which operates in Bitcoin and mining, posted a net profit of $328 million for the most recent quarter, yet its share price dropped in line with the broader crypto market slump. The firm also revealed plans to introduce an Ethereum staking platform in early 2026 and announced its inaugural annual dividend of $0.01 per share . At the same time, Strategy, a company focused on Bitcoin and led by Michael Saylor, is at risk of being removed from major stock indices like MSCI, which could prompt automatic selling of its stock. Saylor has defended the business, describing it as a “Bitcoin-supported structured finance company” rather than just a passive holding firm .

The conversation about cryptocurrency’s place in mainstream finance has intensified, especially after JPMorgan cautioned about the dangers of index removals. Economist Peter Schiff criticized Strategy’s presence in global indices, labeling it a “highly leveraged” wager on Bitcoin, while Saylor dismissed such warnings as “alarmist”

. Meanwhile, Bitcoin’s price continues to fluctuate, trading near $86,700 in late November but still significantly below its 2025 peak .

Tether’s targeted investments and Ardoino’s vocal support reflect a larger movement within the industry to establish Bitcoin as a foundation for decentralized finance. As platforms like WhiteBIT and Bitkub pursue growth through international partnerships and possible public offerings, the sector’s resilience against regulatory and market pressures will shape its path heading into 2026.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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