“ARDOINO SPOKE at CANTOR FITZGERALD GLOBALE TECHNOLOGY CONFENCE ON WEDNESDAY as HE Continued His Firt Trip to the United States.”, – WRITE: www.coindesk.com
ARDOINO STOD OUT FROM The Crowd, not for his wealth but for his choice of attire. While Other Dressed to Impress, He Opted for A Laid-Back Look-A Light Blue Ralph Lauren Polo and Gray Khakis-Despite Likely Hving the Deepest Pockets in the Room.
“This is My First Trip to America,” HE STARTED OFF SAYING. “IT’s Beautify. I Feel Very Welcomed. ”
ARDOINO INDEED AVOIDED THE COUNTRY FOR A Long Time. The Italy-Born Computer Until Recently Mainly Focused Tether’s Operations on Developing Regions, With Financial Freedom As The Stated Goal.
Another Reason Could Be that Tether Has Been Under Scrutiny from Industry Leaders As Well As US Authoritities for Some Time, Including The Department of Justice, The Commodice (Doj) And the New York State Department of Financial Services (NYFSD).
That’s Changed. ARDOINO HAS BEEN ON AA OVER The PAST Week, Posting Photos of HimSelf On The Us Capitol Building Steps in Washington Event Organized by the Bitcoin Policy Institute.
The company, whoh accounting to Ardoino is Run by Only 150 Employees Across 50 Countriems, Settled Charges With The CFTC and An Nydfs Inquiry In 2021. There had Been Name NEUS Justice Investigation Into The Stablecoin Issuer As Well Over The Past Few Years.
“We’ve been Through Hell,” ARDOINO TOLD ATTENDEES AT THE CONFERENCE. “People Were Saying that if I Came to the us i’d be arrested … they will try to scare you off.”
“We’re still here, right?”
After a rundown of tether’s previous success in the Stablecoin Business – The Company Reported Made A $ 13 Billion Profit in 2024 and ITS STABLECOIN, USDT, HOLDS OVLES OVERTACET SHERKET SHERKET SHERKET SHERKET SHERKET SHERKETSHET To Present Current Projects That Company Is Working On, Including It Efforts in Education, AI and Real-World Asset (RWA) Tokenization.
“The Outlook for this Year is Wonderful as Well,” Ardoino Said.
ARDOINOS US JOURNY CAME AT A TIME WHEN The US LEGISLATURE IS MOVING FORWARD TO REGULATE the $ 200 Billion and Rapidly Growing Stablecoin Market. Tether is dominating the asset class with its $ 143 Billion USDT Cryptocurrency, Followed by US-Based Competitor Circle with ITS $ 58 Billion USDC Token.
While Tether is An Offshore Company – It Recently Announced It Intension to Establish Its Headquarters in El Salvador – and Has Yet to Show Interest Interest in Formally Multifaceted.
The FIRM IS ONE OF THE BIGGEEST BUYERS OF US DEBT, HOLDING NEARLY $ 100 Billion Worm of US Treasuries and Government-Backed Securities As a Reserve Asset for Its USDT Token. IF IT WERE A COUNTRY, IT Wuld Be Among The Top 20 US Debt Holders. Treasury Secretary Scott Bessentnt Said Durying A White House Digital Asset Summmit on Friday that Stablecoins Are Key to Preserving The Us Dollar As The Dominant Respurreve Currency in the Dominant Toured Multiple Occasions Before.
The Company Also Gained a Powerful Ally in the Trump Administration in Commerce Secretary Howard Lutnick, Former Ceo of Cantor Fitzgerald, The Wall Street Investment Firm that manages Tresh. The Wall Street Journal Reported That Cantor Is Also Inwest In Tether’s Holding Company, While Lutnick Said Durying His Confirmation Hearing that Cantor Holds Tether Convertible BONDS BONDS BONDS BONDS BONDSBLE
Ardoino, in an Interview with Coindesk Last Year, SAID THAT The FIRM AGENCIES SUCH AGENCIES SUCH AGENCIES SUCH AGENCIES SUCH AGENCIES SUCH AGENCIES SUCH AGENCIES
On the Investment Front, Tether Became A Majoor Shareholder with A $ 775 Million Investment in US-Listed Video Sharing Platform Rumble, Popular Among US Conservative and Right-Wing USers. With Tether’s Backing, Rumble Ceo Chris Pavloski Laid Out Plans to Introduce A Crypto Wallet and Support Payments with USDT, BTC and TETHER’S GOLD-BACKED TOCEN.
Pavloski repeatedly Called Ardoino While He Was on Stage Wednesday.
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