Tether, issuer of the world’s largest stableecoin Usdt, can offer a new token specifically to the United States, according to a Financial Times report on Monday.
Paolo Ardoino said the company had been involved in discussions about the US rules about stablecoins and that it could create a token just for the United States, depending on how these discussions unfold, FT reported, citing an interview with Tether CEO.
Ardoino said that if new rules are brought in “Make [U.S.] StableCecoin’s competitive, which can be an interest from Tether to create a domestic stablecoin, “which would be” basically a settlement currency. “
He added that the Trump administration considers stableoins as “an important instrument in the United States.”
Stableecoins are digital tokens tied to the value of a traditional financial asset, most often the US dollar.
Regulations considered by President Donald Trump’s administration include plans to force foreign issuers dealing with crypto to comply with US laws.
Tether did not immediately respond to Coindesk’s request for further comment.
