Tether, a largest USDT’s emitter in the world, can offer a new token specifically for the United States, according to a Financial Times report on Monday.
Paolo Ardoino said that the company had been involved in discussions about the rules of the United States on Stablecoins and that it can create a card only for the United States, depending on how these discussions develop, the FT reported, citing an interview with the CEO of Tether.
Ardoino said that if new rules are brought “to make [U.S.] Stablecoins Competitive, there could be an interest from Tether to create a national stable, “which would be” basically a liquidation currency. “
He added that the Trump administration sees Stableins as “an important instrument in the United States.”
The stablecoins are digital tokens linked to the value of a traditional financial asset, more commonly the US dollar.
The regulations considered by the administration of President Donald Trump include plans to force foreign issuers who trade with cryptography to comply with US laws.
Tether did not immediately respond to Coendesk’s request to make more comments.