- Tether CEO Ardoino met US lawmakers to shape stablecoin regulation
- Pitched USDT as tool supporting global US dollar reach & financial inclusion
- Warned against MiCA-style rules that could hinder global dollar access
Tether CEO Paolo Ardoino ended his first visit to the United States, where he met with lawmakers in Washington, D.C., to discuss the future of stablecoin regulation. Ardoino’s meetings with Senate and House members centered on crafting laws that consider national security while also promoting global financial inclusion.
Ardoino framed the discussion partly as a response to global efforts challenging US dollar dominance. He argued for stablecoin rules that protect consumers but crucially also support the dollar’s adoption internationally – a role he positions Tether’s USDT as already playing.
He detailed the strong global demand for US dollars, noting Tether serves over 400 million users worldwide, many using USDT for savings and payments in regions with unstable local currencies, citing Turkey and Argentina as examples.
Ardoino pointed out that while stablecoins in the U.S. are often a convenience, they serve as major financial tools outside the country. Lawmakers reportedly showed interest in how dollar-backed stablecoins could support US dollar hegemony and expand financial system access worldwide.
Related: Democrats and Republicans Agree on Stablecoin Rules? ‘STABLE Act’ Advances
What Regulatory Risks Does Ardoino See Compared to Europe?
While supporting the push for regulation, Ardoino warned against poorly crafted US laws that might unintentionally block non-US entities from accessing dollar stablecoins.
He pointed to Europe’s Markets in Crypto-Assets (MiCA) framework as a cautionary example, stating its restrictions led to Tether being removed from some European platforms.
In contrast, stressed Tether’s commitment to the US system, noting the company keeps its reserves in U.S. financial institutions and cooperates with U.S. law enforcement agencies, including the FBI and DOJ.
What’s Next for Tether: US Focus, AI, and Bitcoin Integration?
Ardoino added noting that Tether may issue a U.S.-specific stablecoin designed for domestic institutions and payments. He explained that use cases vary by region, while many outside the U.S. use stablecoins for savings, U.S. residents are more likely to use them for transactions.
Beyond stablecoins, Tether has invested in Bitcoin mining and artificial intelligence, reportedly developing privacy-focused AI tools for smartphones.
Related: The Tether Effect: Stablecoin Issuer Mints 4 Billionaires to Forbes 2025 Billionaires List
Ardoino projects that stablecoin adoption could reach $1 trillion by 2030, driven by geopolitical shifts and machine-to-machine transactions involving robots and smart contracts. He noted that Tether will soon support the Lightning Network, strengthening its base in Bitcoin infrastructure.
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