Tether (USDT), a stablecoin, shook the crypto world after its CTO announced a major development on Twitter. The Tether network would release this historical development in three weeks, according to the tweet post. The post did not say what kind of progress the network is making. However, its community is hoping that it will catapult Tether to new heights.

Yesterday was an historical moment for #tether
In ~3 weeks you’ll understand why 🍫

(Yes yes, announcement-ception)

— Paolo Ardoino (@paoloardoino) February 11, 2022

Tether faced many challenges in the industry in recent months, as is well known. The network’s problems centered on its fund reserves and how it spent network funds. These issues spread like wildfire in the crypto world, attracting the attention of governments all over the world. As a result, there is a period in history when Tether is prohibited from conducting business in New York.

The tweet elicited a variety of responses from the Twitter community. Some are not easily persuaded, while others simply wait for it to happen. Furthermore, the tweet post has already been retweeted 179 times, with over 1800 more likes on the way.

On the other hand, despite the negative news that the network has been subjected to in recent months. Cryptocurrency is still the most well-known digital asset on the market. It is one of the most traded pairings, and traders can avoid high transaction fees by using technology such as TRC20, SOLANA, and BEP20.

USDT is still one of the top three cryptos in Coingecko at the time of writing. Its market capitalization exceeds $78 billion.