TETHER, transmitter of the largest stable USDT in the world, can offer a new token specifically for the United States, according to a Times financial report on Monday.
Paolo Ardoino said that the company was involved in discussions on American rules on stablescoins and that it could create a just token for the United States, according to the way these discussions take place, the FT reported, citing an interview with the CEO of TETH.
Ardodino said that if new rules are brought “to do [U.S.] Competitive stable, there could be an interest in Tether to create a domestic stable, “which would be” essentially a settlement currency “.
He added that the Trump administration considers stablesins as “an important instrument in the United States”.
Stablecoins are digital tokens set for the value of a traditional financial asset, most often the US dollar.
The regulations examined by the administration of President Donald Trump include plans to force foreign issuers who exchange crypto to comply with American laws.
Tether did not immediately respond to the request for comments from Coindesk.
