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Tether CEO: Considering the creation of a new compliance stablecoin registered in the United States.
Golden Finance reports that Tether CEO Paolo Ardoino stated that he does not mind USDT being banned in the U.S. due to new regulatory regulations. Tether is actively considering creating a new stablecoin registered in the U.S. and will comply with the upcoming U.S. stablecoin laws. “We need two products with different value propositions.” Ardoino believes that USDT is more suitable for emerging markets and stated that USDT may no longer dominate in the U.S. and Europe in the future.