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Cardano founder says the Tether fiction is over as ADA tears higher Cardano founder says the Tether fiction is over as ADA tears higher

Cardano founder says the Tether fiction is over as ADA tears higher

The pressure continues to pile on Tether as rival stablecoin USDC looks to deepen its ties with the establishment.

Cardano founder says the Tether fiction is over as ADA tears higher

Cover art/illustration via CryptoSlate

A strong performance from Cardano this week puts its year-to-date gains at just under +1,000%.

Analysts attribute this to the anticipation of the Alonzo upgrade, which will bring smart contract functionality to the blockchain.

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