Tether Collaborates with US Congress on Stablecoin Regulation

Tether (USDT) is reportedly working with the US Congress to establish stablecoin regulations.

On the 15th (local time), Fox Business reporter Eleanor Terrett revealed through her X (formerly Twitter) that "Tether is actively providing input on the 'Stablecoin (STABLE) Act' proposed on the 6th, working with Representatives Bryan Steil, chairman of the House Financial Services Committee's Digital Assets Subcommittee, and French Hill."

Regarding this, Tether CEO Paolo Ardoino stated, "We have no intention of abandoning Tether due to inability to adapt to US laws. While there are still many uncertainties, we want our voice to be heard in the legislative process." Tether also plans to express opinions on two additional bills that have been proposed.