Tether will launch another US version of stablecoin! Once understand Ardoino's stablecoin legislation, US debt and AI layout

Tether CEO Paolo Ardoino shared the process of lobbying the White House for the first time in the United States on 4/14, and also responded to the doubts of the outside world about stablecoin legislation, and also exposed how Tether plays a key role in the US bond market, AI layout and global financial stability.

Breaking the "dare not enter the United States" rumor, Ardoino laughs that the journey was quite successful

Ardoino said that this time he finally came to the United States and ate a lot of good food by the way. He admitted that there were many rumors outside that he "did not dare to come to the United States", but in fact, the trip went smoothly and received positive responses from many legislators.

Stablecoins have become the key to global financial connectivity, allowing everyone to use the US dollar

Paolo emphasized that in the past, the US legislature only looked at the role of stablecoins within the United States, but ignored the actual pain points of the global use of the US dollar. He noted:

Turkey

Argentina

Africa

It is true that USDT has become almost the only way for people to hold US dollars steadily, and there are currently more than 400 million users worldwide.

Supporting legislation but opposing monopolies cannot allow the government to play power games with corporations

Ardoino believes that the US legislation against stablecoins is a good thing, but assumes that only asset management giants like Goldman Sachs (Goldman Sachs) and JPMorgan Chase (JP Morgan) will be allowed to issue stablecoins. It not only violates the "American spirit", but also compresses the space for innovation.

He advocated that regulations should guarantee fair competition, and the focus should be on cooperative supervision and fraud prevention, rather than collusion between officials and businesses.

Tether is the seventh-largest buyer of U.S. debt, which Paolo says is quite solid

Ardoino notes that Tether's assets are quite robust, currently issuing about $144 billion in USDT, corresponding to $164 billion in assets. It is also emphasized that Tether is the seventh largest buyer of US bonds in the United States in 2024 alone,

"If we exclude intermediary countries such as Cayman and Luxembourg, we are actually in the top five!" Paolo even said that the funds are deposited in banks in the United States, which is not only cooperative with US law enforcement but also transparent.

MiCA has harmed stablecoins, and Ardoino has said that the EU has not kept pace with the times

Speaking of Europe, Ardoino immediately criticized the European stablecoin bill (MiCA) which looks clear but actually goes wrong. Because MiCA requires assets to be held in European banks, Tether has been forced to withdraw from some markets. He again criticized European legislation for not keeping pace with the times.

Tether will introduce another "US version of stablecoin", which is different from USDT, which specializes in emerging markets

In the face of potential restrictions, Arduino also announced that Tether will soon launch a "US dedicated stablecoin", which is different from USDT. He said that Americans will buy U.S. bonds to earn interest, but people in other countries directly use USDT as a savings account. Therefore, in the future, Tether will issue new coins with a "dual currency layout" to focus on the United States.

Ardoino called the success of USDT a highlight of the failure of monetary policy

In addition to stablecoins, Tether continues to invest in Bitcoin, gold and AI. He bluntly said that he is a bitcoin, and pointed out that the more successful USDT, the more failed the global monetary policy. It also said that without Tether, many people simply would not have access to stable financial instruments.

Tether also does AI, focusing on offline translation to maintain privacy

Ardoino revealed that Tether is about to launch an AI application that can "translate documents offline", without having to upload to a server at all. He emphasized that AI will be installed in mobile phones in the future and operate on the local resources of the device, which is not only innovation, but also the key to protecting personal data.

USDT is deployed back to the Bitcoin ecosystem and back to the Lightning Network

Tether is ready to return to the Bitcoin ecosystem by deploying USDT to the Lightning Network (Lightning Network). He believes that Lightning is more decentralized and efficient than Ethereum's L2, and has a better chance of enabling "peer-to-peer payments" in the future.

Paolo looks at the market, please cherish the current price

Regarding the current price of bitcoin (BTC) around $80,000, he said: "We are all too greedy, which is already very good." As for whether Tether's market capitalization can break in the future, he listed two scenarios: First, the more chaotic the global political and economic situation, the higher the demand for stablecoins. The other is that after the rise of bots, a large number of AI agents will directly use stablecoins as a medium of exchange.

This article Tether will push another US version of stablecoin! Once to understand Ardoino's stablecoin legislation, U.S. debt and AI layout first appeared in chain news ABMedia.