Tether CEO: Considering creating a new compliant stablecoin registered in the United States
Golden Finance reported that Paolo Ardoino, CEO of Tether, said that he did not mind USDT being banned in the United States due to new regulations. Tether is actively considering creating a new stablecoin registered in the United States and will comply with the upcoming US stablecoin law. "We need two products with different value propositions." Ardoino believes that USDT is more suitable for emerging markets and said that USDT may no longer dominate the United States and Europe in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Euro holds steady as US Dollar struggles for traction
BRIEF-Toronto Stock Exchange falls at open
HSBC sells 129 Fnac Darty shares at € 34.56 during takeover offer
IGM Financial Unit Enters Strategic Collaboration With Goldman Sachs Asset Management
Crypto prices
More
