Print
FT Article Goes Down Road of Tabloid Journalism

We are unsure when the Financial Times became the Enquirer but we would like to believe that there are more important things to report on when it comes to the state of financial innovation than the personal lives of our company’s executives who are private citizens and principals at private companies. They are key members of the team working mostly behind the scenes to operate and grow the business. Like many other successful entrepreneurs who have come before them, they have led several smaller businesses before ultimately building companies in a brand new industry. They are now at the forefront of an ecosystem that many observers have described as the second coming of the internet.

The recent Financial Times story highlights the challenges of doing business in China, and despite this, JL was able to build positive relationships with his business constituents. This only further demonstrates the character and dedication of our company’s executives to problem solving and their ability to navigate through complex situations and environments.

As entrepreneurs who have ventured into different endeavors throughout the decades, it saddens them to see this genre of journalism taking over at the Financial Times. It is detrimental to the growth of a booming industry and serves as a distraction from the bigger problem that publications like the Financial Times are grappling with: how a legacy publication can best serve a readership that’s stuck in a prehistoric era.

Rather than taking the effort to truly learn and understand the significance of blockchain technology and the Web3 revolution, reporters such as the ones who penned this article for the Financial Times have chosen to go down the road of tabloid journalism to sustain readership for the once well-respected publication house.

latest news

Tether Data Open-Sources VisionPsy-Nano: Best-in-Class ~460M On-Device Vision-Language Model Leading Industry Benchmarks

Tether AI Research launches open-weight, edge-optimized vision-language models, securing the No. 1 spot for quality and performance on everyday consumer smartphones 29 July 2026 – Tether Data’s AI research initiative, QVAC, today announced the open-source release of VisionPsy-Nano, a compact 460-million-parameter vision-language model (VLM) purpose-built for on-device and edge deployment. Bringing multimodal understanding that previously required […]

Learn more
Tether Signs MoU with the Nairobi Securities Exchange to Explore Digital Assets Use Cases, Tokenization, Blockchain Technology, and Digital Asset Education in Africa

28 July 2026 – Tether, the largest company in the digital asset industry, has signed a Memorandum of Understanding (MoU) with the Nairobi Securities Exchange (NSE) to explore digital asset education, tokenization, and financial market innovation in Nairobi. The NSE, established in 1954, is one of the leading African exchanges, based in Kenya, that offers […]

Learn more
XAU₮, Tether’s Gold-Backed Digital Asset, Receives Shariah Certification, Unlocking New Pathways for Islamic Banks, Institutions, and Individuals Worldwide

Certification expands access to digital gold, bridging physical bullion ownership with modern blockchain infrastructure 27 July 2026 – Tether, the largest company in the digital asset industry, today announced that XAU₮, Tether’s gold-backed digital asset, has officially received a Shariah compliance certification from Amanah Advisors, led by Mufti Faraz Adam. The certification confirms that XAU₮ […]

Learn more
Read all news