Tether considers expanding U.S. operations
Tether, the world's largest stablecoin issuer, is considering expanding in the United States due to the election of pro-cryptocurrency President Trump and the company's lucrative profits in 2024. On Thursday, Tether CEO Paolo Ardoino said in an interview that the prospect of improving the regulatory environment for cryptocurrency companies, along with Tether's recent $775 million investment in the US-listed video sharing company Rumble, provided "a good opportunity to start studying the US environment and how it will change." He said, "I do not rule out the possibility that Tether will further enter the US market, but we also remain cautious." "Currently, we need clarity and guidance on regulation. We need to see what US law looks like before making a decision."
