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'Only $250K?' Jack Dorsey Prods Tether Over Donation to Support Bitcoin Devs
Sometimes it can be easier to say nothing at all. This week, stablecoin giant Tether announced a $250,000 donation to OpenSats to support Bitcoin developers—only for one of the world’s best-known programmers (and Bitcoin maximalists) to publicly chastise the size of the gift. Twitter co-founder and Square CEO Jack Dorsey lampooned the donation Thursday on X, shortly after it was touted by Tether’s CEO, Paolo Ardoino. “Why only $250K?” Dorsey replied curtly to Ardoino. tweet Tether is one of the crypto industry’s most profitable companies. The USDT issuer, which posted a $13 billion profit last year, is ... (full story)
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