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 Leads $7 Million Series A in Pact Labs to Expand USA₮ Across Payroll and Payments

14 July 2026 – Tether, the largest company in the digital asset ecosystem, today announced that it has led a $7 million Series A financing round in Pact Labs, with participation from Blockchange Ventures and Lasagna. The investment will support Pact Labs’ development as a core infrastructure provider for USA₮ across payroll, earned wage access, […]

Learn more
Global Industrial Conglomerate Hyundai Completes Enterprise Treasury Pilot on Tether USD₮, Moving Corporate Funds Across Global Borders

13 July 2026 – Tether, the largest company in the digital asset industry and the issuer of USD₮, announces the successful completion of the first enterprise cross-border settlement Proof of Concept (POC) between Hyundai Motor America and Hyundai Motor de México through Axiym on the Avalanche blockchain network. The initiative  demonstrated that an enterprise cross-border […]

Learn more
Tether to Invest $20 Million in Strategic Financing Round for Mercado Bitcoin to Accelerate Onchain Financial Infrastructure in Latin America

Investment supports Mercado Bitcoin’s expansion across tokenization, payments, credit, capital markets and regulated digital financial services 7 July 2026 – Tether, the largest company in the digital asset industry, today announced an investment of $20 million in a strategic growth financing round for Mercado Bitcoin, Latin America’s leading on-chain financial services platform. The investment reflects […]

Learn more
Read all news