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The head of the issuer Steabelcoin USDT - Tether - Paolo Ardoino in an interview with Cointelegraph said that the company was doing everything possible to maintain good relations with the United States. According to him, the company manages this “much better” than competitors, thanks to the efforts to comply with the requirements and cooperation with the authorities. An additional reason for good relations with the government is the ownership of US treasury bills in the amount of about $ 98 billion, which makes Tether one of the largest holders in the world.
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“I think Tether is the best friend of the US government, because we own a large number of US treasury bills than Germany, and much more than competitors or any other financial institutions in the world,” Ardoino said.
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