The CEO of Tether, Paolo Ardoino, announced that the firm has tightened its compliance protocols. According to the CEO, the move aimed to ensure USDT would be utilized solely for legal transactions. The firm will introduce improved monitoring for all USDT transactions and work closely with the regulatory authorities.
In an interview, Paolo Ardoino said the company would strengthen its compliance protocols. Tether’s top executive revealed that the improvement ensured that USDT would be used only for legal transactions. Ardoino shared that the company will introduce advanced monitoring for every USDT transaction. The CEO revealed they have worked with over 230 law enforcement agencies in over 50 nations. He also said they will work closely with the regulatory bodies to help them achieve this milestone.
Ardoino explains Tether’s role in tackling illegal activities
Tether CEO talks about the USDT and ensuring legal usehttps://t.co/6OKCFM5grv
— Paolo Ardoino 🤖 (@paoloardoino) April 30, 2025
In a recent interview, Tether CEO discussed USDT’s legal collaborations and role in global markets. The CEO revealed that the firm has improved compliance protocols for USDT users. Ardoino shared that the decision to strengthen compliance measures aimed to ensure they would be used only for legal transactions.
While discussing Tether’s legal collaborations, Ardoino revealed that the company has partnered with over 230 law enforcement agencies. The CEO added that Tether has law enforcement collaborations in over 50 countries. He hailed Tether as one of the most legally engaged stablecoins in the industry.
Ardoino said their law enforcement network included top-ranking U.S. agencies like the Federal Bureau of Investigation(FBI). He claimed that no companies or institutions had such a broad collaboration with law enforcement agencies.
In the past, Tether has been linked with illegal activities like money laundering. In his defense, the CEO explained the firm’s role in curbing illicit use of the stablecoin. He said that the firm often froze funds associated with illegal activities. The CEO clarified that the firm would freeze funds before issuing a court order.
Tether CEO addresses concerns about USDT’s reserves
Paolo Ardoino has discussed the longstanding issues surrounding USDT’s reserves and stability. The CEO cited the company’s $120 billion holdings in the U.S. Treasuries. He said these holdings were evidence that the stablecoin was sufficiently backed by liquid assets. The CEO assured USDT users that its reserves exceeded the circulating supply of the stablecoin. He said in a financial crisis, USDT holders can redeem their coins for dollars.
In the past, Tether has experienced regulatory concerns regarding its reserves in Europe. The firm saw major exchanges delist USDT to ensure compliance with new guidelines. With new regulatory amendments enacted in the U.S., the CEO said the firm was considering launching a U.S.-only stablecoin. He said that the main aim of the launch would be to comply with the new stricter guidelines. The CEO affirmed that he was ready to adapt to any regulatory environment that could come their way.
The Trump administration demanded new and simple regulations for stablecoins. The U.S. Congress made changes to stablecoin regulations to develop clearer guidelines. Reportedly, the proposed stablecoin bills intended to enact strict supervision on all issuers of stablecoins.
According to the proposed bill, all stablecoin issuers will be mandated to meet mandatory reserve requirements. They will also be subjected to regular audits by the government authorities. The proposed bill would introduce new measures aimed at making sure there would be transparency. The measures would also ensure the financial stability of the issued stablecoins.
