chief executive officer USDT Stablecoin is said to work with the American authorities to create laws on renewable coding assets in dollars.
In new mail On the social media platform X, Elianor Territ, Business Fox, stated that Paolo Ardoino and Tether “actively participate” with the United States government about the best way to form laws about Stablecoins.
According to ARDOINO, Tether will not be recommended only under Bills Stablecoin, which has been disclosed this month, and the company will represent the law whatever the way the regulation goes.
“We will work within the organizational framework, and we will try to advise each of these field proposals to ensure our voice is heard …
We will not throw the towel and let Tether die only in order not to adapt to American legislation. But there is still a lot of uncertainty about what will actually happen, and we want to hear our voice in the legislative process. “
Last week, actor Brian Steel from Wisconsin and French actor Hill Arkansas Absolute A draft discussion of the stable law for the year 2025, which seeks to provide an organizational framework for the issuance and operation of encryption assets in dollars in the United States. According to Tether, Tether participates in discussing the draft law.
actor Maxine water From California and Senator Bill immigrated Tennessee also provided two -month -related bills.
According to the report, compliance with the proposed bills from the Tether perspective means submitting to the monthly audits by an American accounting company and to maintain a ratio of 1: 1 of reserves to pre -approved assets by the organizers.
Currently, Tether has a full page sincere To the transparency that updates the data on its backup assets on a daily basis. He explains that from December 2024, Tether has $ 143 billion of net assets and $ 136 billion of total obligations.
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