PANews reported on September 23 that in response to the Wall Street Journal's report that Tether had re-launched its stablecoin lending business, Tether Chief Technology Officer Paolo Ardoino responded on social media that the source cited by the Wall Street Journal in its article was neither a Tether spokesperson nor a Tether staff member. Tether currently has more than $3.3 billion in reserves and firmly believes that any company with annual revenue of more than $4 billion can easily clear its secured debt from its reserves. Tether is still committed to removing secured loans from its reserves to reduce secured loan risks.

Paolo Ardoino added that Tether currently collects income from stablecoin issuance and redemption fees, and is also expanding into other business areas, including communications, artificial intelligence, energy production and Bitcoin mining. Unlike most companies, it does not provide huge dividends to shareholders, but invests in growth and remains cautious, taking one step at a time.