ChainCatcher news, according to CoinDesk, Tether CEO Paolo Ardoino revealed in an interview with CNBC that the company will launch a unique new product, which is likely to be a payment product. Tether aims to build a product that can be used by institutions, a product that can compete with CashApp.

ChainCatcher news, according to HODL15Capital, users of the cryptocurrency trading app Cash App under Block Inc. are expected to purchase $10 billion worth of Bitcoin this year, with $2.5 billion each quarter.