Tether CEO Collaborates with US Lawmakers on Stablecoin Regulations
- Paolo Ardoino, CEO of Tether, is working with US authorities to develop stablecoin regulations.
- Tether is actively advising on new stablecoin bills introduced this month.
- The STABLE Act of 2025 draft was released by Representatives Bryan Steil and French Hill.
- Compliance may require Tether to undergo monthly audits and maintain a 1:1 reserve-to-asset ratio.
- Tether reports $143 billion in net assets and $136 billion in liabilities as of December 2024.
Tether’s CEO is engaging with US lawmakers to influence the formation of stablecoin regulations, including the STABLE Act of 2025. Compliance could involve regular audits and maintaining approved asset reserves. As of December, Tether holds significant net assets exceeding its liabilities.
Source (2.6)https://dailyhodl.com/2025/02/16/tether-ceo-paolo-ardoino-actively-working-with-us-lawmakers-to-shape-stablecoin-laws-report/?rand=59076
