TETHER (USDT), an publisher of Stablecoin, is trying to return to the United States with a new dollar with many digital assets.
According to CNBC’s new report, the world’s largest publisher is trying to launch a new encryption asset with US dollars by the end of the year as the chief executive continues to affect the national encryption policy.
In an interview with CNBC for news on the new Stablecoins, Paolo Ardoino confirmed. According to Ardoino, tethers, headquartered in El Salvador, are trying to change their own brands by cooperating with law execution, known as “movement” encryption for criminal acts.
The report may have helped Ardoino to form major laws, such as a genius law (a bill that provides clear guidelines for Stablecoins), and added a provision for tethers to help enforce the law.
According to CNBC, as Ardoino mentioned,
“There is no company that cooperates with law execution in the traditional financial system. We are always trying to make better efforts to block criminal acts. We have much better tools than traditional financial systems and prove it every day.”
The CEO has agreed to pay $ 18.5 million in New York in 2021, so he deals with Tether ‘S RESERVE ASSETS.
“We have $ 120 billion in financial departments for the US Treasury. We have over $ 7 billion in the company’s capital. This is unprecedented and we hope that financial institutions of traditional financial systems are at least to copy us to provide a better product to consumers.”
According to the latest report, tethers, who currently publishes a certificate, owns about $ 120 billion in the US Treasury, managed by the financial company Canter Fitzgerald.
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Created image: Midjourney