Tether is actively working with U.S. lawmakers to shape new regulations for stablecoins. The company's CEO, Paolo Ardoino, emphasized that the company aims to be heard during the discussions of bills like the STABLE Act, which requires stablecoin issuers to hold reserves only in high-quality liquid assets. If the new rules are adopted, Tether will be required to conduct monthly audits and maintain reserves at a 1:1 ratio with approved assets.
2/15/2025 9:37:36 AM (GMT+1)
Tether is actively collaborating with U.S. lawmakers to shape new regulations for stablecoins, including requirements for reserves and monthly audits
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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