Tether CEO Paolo Ardoino clarified that the stablecoin issuer has taken a stand on the proposed stablecoin yield limit, refuting previous reports that it aligns with the bank's stance. Ardoino said Tether does not share yields, thus distancing the company from relevant policy debates. The issue of yield stablecoins remains a key point of contention in U.S. cryptocurrency legislation, with banking groups going toe-to-toe with industry players like Coinbase, who have expressed concerns about the proposed rules.