While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.
Tether, the operator of the world’s largest cryptocurrency pegged to the US dollar, is confident about its relationship with the United States government, partly due to the firm holding a substantial portion of US debt to back its Tether USDt (USDT) stablecoin.
Amid Tether USDt’s 10-year anniversary approaching, Cointelegraph talked to Tether CEO Paolo Ardoino about what helped Tether become one of the industry’s most significant and profitable players.
In the interview, Ardoino encouraged competition in the stablecoin market, emphasized Tether’s focus on developing countries and talked about Tether positioning itself as a good friend of the US.
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