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.
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