Tether’s CEO, Paolo Ardoino, stated that the company may not prioritize USDT compliance with U.S. Laws, aiming instead for a new U.S.-based stablecoin to meet regulatory requirements.
Ardoino emphasized the need for two distinct stablecoin products targeting different markets, with USDT remaining strong in emerging economies while considering compliance in the U.S.
Despite challenges in U.S. Legislation, Tether is not overly concerned and believes USDT will continue to hold value in secondary markets important for remittances.
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