Tether CEO Paolo Ardoino criticized the strategies of certain companies on X, comparing them to "moth to a flame," self-destructing like moths drawn to fire.

Haha, this sounds like a veiled jab at someone’s aggressive stablecoin strategy, possibly aimed at Circle's new fund or the dynamics of USDC, especially since Tether firmly holds the top position.

With Coinbase launching the Bootstrap Fund today and USDC minting 500 million tokens, the stablecoin battlefield is getting increasingly lively, but Ardoino's warning reminds everyone not to overlook the risks, as regulation could come knocking at any time.

In the coming week, stablecoin liquidity may surge, so it's advisable to keep a close eye on Tether's API updates and not get caught in the "moth" effect.