Main notes
- Tether has announced a new US -based Stablecoin in Tokeen2049 Dubai.
- Stablecoin aims to meet American standards and work separately from USDT.
- CEO Paulo Erdino strengthens relations with Osbel makers. .
Tether StableCoin Tether plans to launch a new dollar -based Stablecooin, which will adhere to local regulatory requirements. This new Stablecoin is expected to work independently of the current USDT.
Tether CEO, Paolo Ardoino, has announced the development of Tokeen2049 in Dubai, and revealed that the company is working actively with American organizers to the completely compatible Stablecoin version either later this year or 2026. According to CNBCThe next Stablecoin will be specially designed for the American market and will differ from the international Tether offer.
Now on the stage in #Tokeen2049 Dubai:
Paulo Erdino, (pawaresrain Tether CEO, hand over the keyword:“Tether-one company in the century”
Innovation, flexibility and progress that cannot be stopped. pic.twitter.com/SLSU4JMCOG– Tether (tether_to) May 1, 2025
Last year, reports showed that Tether was under investigation by the authorities about alleged ties of criminal activities. In response, advertising paintings appeared in Times Square, New York, accusing Stablecoin as the following FTX.
Before that, Tether faced scrutiny on the transparency of its reserves. In 2021, the company reached a $ 18.5 million settlement with the public prosecutor in New York, following allegations that it had offended the assets that support Stablecoin. Since then, Tether has started publishing independent confirmation reports and maintained great holdings in the US Treasury papers, run by the well -known financial company Cantor Fitzgerland.
The CEO of Tether criticized the 2024 investigation reports, saying that the company is actively cooperating with the application of the law to track down criminals who misuse cryptocurrencies, including USDT.
What does this mean for the state?
Stablecoin is expected to provide the proposal in the United States a strategic entry point in the American market, especially in light of the Republican Party supported by the Republican Party. Genius. This legislation allows tension and other foreign exporters from Stablecoin to work in the United States if they cooperate with law enforcement and compliance with regulatory frameworks.
Amid this advanced organizational environment, according to what was reported, Tether’s CEO has become a repeated presence in Washington. Paulo Erdino is said to have participated in many private meetings and social gatherings with legislators and the main numbers in the encryption industry.
Tether was exceptionally well, as the most prominent prominent in Taken2049 was issued in Dubai, where the company’s progress was exposed as of March 31, 2025. In this event, it was revealed that the company had issued an amazing distance of $ 143.6 billion and recorded a daily volume of $ 30 billion, which led to its occurrence in its area in Crypto.
Tether has just released the attention of the first quarter of 2025, which is the first quarter under the organizational supervision of El Salvador.
Victory points starting from March 31, 2025:
* 143.6B total USDT version.
* 149.3B total assets/reserves.
* 5.6B excess reserves, the highest 100 % reserves in liquid assets … https://t.co/dqay27kus7 pic.twitter.com/riovi31qxs– Shadowa Ardio
(Palandoreo) May 1, 2025
In addition to its impressive performance in the market, Tether has made strategic investments to increase its position. The company recently invested at Fizen Limited to support self -need payments and Stablecoin. Investment reflects Tether’s commitment to maintaining a healthy portfolio diversification strategy and aspiring to future growth.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Rose is a cherry content writer with a strong background in financing and technology. It simplifies the complex Blockchain topics and encrypted currencies, and provides insight and market analysis to help readers move in the advanced encryption scene.
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