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Tether chats with US regulators about using stablecoin as a 'settlement currency'

Tether chats with US regulators about using stablecoin as a 'settlement currency'

Date: 2025-04-07 07:51:33 | By Mabel Fairchild

Tether's CEO Spills the Beans: A U.S.-Only Stablecoin Might Be on the Horizon!

Paolo Ardoino Drops Hints About Tether's Big Plans

Hang onto your hats, crypto fans! Tether's head honcho, Paolo Ardoino, just let slip that they're cozying up with U.S. officials. And get this—they might even roll out a dollar-pegged token just for the American market!

That's right, folks. Tether (USDT) CEO Paolo Ardoino isn't holding back. He's saying if the new U.S. rules shake things up and make the market more of a wild west, Tether might just jump in with a U.S.-only stablecoin.

Ardoino spilled the tea to the Financial Times, saying they're deep in talks about U.S. stablecoin rules. He hinted that the bigwigs see stablecoins as a "game-changer" for the U.S., but he's keeping the juicy details under wraps for now.

He's not stopping there. Ardoino's all in if the new rules make U.S. stablecoins the next big thing. He's talking about Tether creating a "settlement currency" just for the U.S., and you can bet that's got everyone's ears perked up.

Now, Tether isn't playing in the U.S. sandbox yet, but they're a global powerhouse. We're talking about $144 billion in tokens flying around the world, and Ardoino's claiming they've got over 400 million users. He's even throwing around terms like "stablecoin multiverse." Sounds like sci-fi, but it's happening right now!

The U.S. is cooking up new rules that might force foreign stablecoin issuers to play by their rules. But Ardoino's not sweating it. He's saying Tether's already doing that stuff voluntarily, and they're the only ones rolling out the red carpet for the FBI and U.S. Secret Services. Talk about going above and beyond!

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