Tether is ready for its US chapter, as CEO Paolo Ardoino is reportedly in talks with American lawmakers and regulators

Tether is ready for its US chapter, as CEO Paolo Ardoino is reportedly in talks with American lawmakers and regulators for a more active role.

Tether, the issuer of the largest stablecoin in the world, is reportedly ready for its US chapter as its CEO Paolo Ardoino met with American lawmakers and regulators.

Tether’s Role In The Stablecoin Bill

According to a Forbes report, Ardoino and his firm want to be key influencers in the ongoing dialogue of the future of digital assets, especially as two rival stablecoin bills are moving forward in both chambers of Congress.

“I think it’s important that our voice gets heard in the stablecoin bill process. Our competitors are very tiny. They don’t represent the actual use cases of stablecoins,” said Ardoino.

Not only that, the firm is also exploring plans to launch a new stablecoin in the United States. Ardoino claims that it enjoys a first-mover advantage that allowed it to capture a large market share, especially in emerging markets.

However, with two new stablecoin bills advancing in Congress, Ardoino feels that it’s crucial for his firm’s voice to be part of the discussion.

“We are engaging with Congress, and we are happy to provide our perspective on the legislation. We believe that it’s important to have a variety of voices involved in the policymaking process,” Ardoino stated.

Tether’s New Stablecoin In The US

With regards to the new stablecoin, Ardoino clarified that it wouldn’t replace USDT but would be a parallel product in compliance with the American laws.

“We are exploring the possibility of launching a new stablecoin in the US market. It would be a complementary product to Tether’s existing offering, and it would be fully compliant with U.S. regulations.”

To ensure complete transparency, Tether would initiate a full financial audit and is currently in discussions with one of the Big Four accounting firms.

As Tether embarks on this bold expansion, Ardoino claimed that it is a strategic move to flip the narrative that the firm is evading U.S. oversight.

“Some of our competitors have tried to push regulations towards killing USDT. Their entire strategy was, ‘Tether will never be in the US. It is afraid to come to the U.S.’ Well, here we are.”

Unpacking Tether’s Changing Strategy

While launching a new coin serves as a direct response to his critics, the timing of the announcement has raised questions. In particular, USDT has come under increased scrutiny, like Binance delisting USDT from its European platforms for non-compliance.

Tether’s abrupt willingness to engage with American institutions could be just more than a signal of confidence but a strategic shift based on changing political and regulatory dynamics.

This turnaround, along with growing pressure to legitimize operations, may have prompted the leadership to change gears. Another possible factor is the reported 5% stake of recently appointed U.S. Commerce Secretary Howard Lutnick in Cantor Fitzgerald, a firm closely linked to Tether (via partnerships and custodial roles).

With such influential political figures now indirectly tied to the firm, Tether might be leveraging a more favorable environment to enter the market, something it had avoided until now.