Paolo Ardoino, CEO of Tether, shared his views on the company's significant growth and its collaboration with the U.S. government. Tether holds around $98 billion in U.S. Treasury bonds, making the company one of the largest holders of U.S. Treasury securities in the world.
Ardoino pointed out that Tether's success is largely due to its simple and understandable model. He emphasized that Tether has built good relations with the U.S. by complying with regulatory norms and making efforts to ensure compliance. According to Ardoino, Tether has become a "friend" of the U.S. government, closely collaborating with the Federal Bureau of Investigation (FBI) and the U.S. Secret Service.
Ardoino also stated that Tether plays an important role in decentralizing U.S. debt, making the country's economy more resilient.
