Tether CEO Paolo Ardoino has denied claims that the company is developing its own blockchain network for $USDT, the world’s largest stablecoin.

A circulating analysis report had suggested that Tether was creating a private blockchain, sometimes described as a “stablechain,” to support $USDT. The report said the company was working on independent infrastructure designed to reduce reliance on existing networks and give Tether greater control over the stablecoin ecosystem.

Ardoino rejected those claims on social media, saying they are untrue. He said Tether is not developing any blockchain and has no plans to do so. According to Ardoino, the company’s strategy is to continue operating across multiple blockchain networks.

$USDT is currently available on several networks, including Ethereum, Tron, Solana, Avalanche, and TON. The multi-network model allows users to select the infrastructure that best fits their needs in terms of transaction costs and speed, which is part of why stablecoin issuers are closely watched when they signal any change in network strategy.

Market experts had said that if Tether were to build its own blockchain, it could mark a significant shift in the stablecoin sector. Ardoino’s statement has, for now, eased that speculation.

Tether has also recently drawn attention for investments outside stablecoins, including artificial intelligence, mining, and digital infrastructure. Even so, company management says maintaining $USDT’s ability to operate across different blockchains remains a priority, underscoring how central distribution across existing crypto rails remains to the token’s current setup.

The cryptocurrency market continues to watch Tether’s strategic moves closely, especially given $USDT’s role across major trading venues and payment flows in the sector.

This is not investment advice.