Tether CEO: The company is planning to expand its business in the United States, with a focus on the institutional market

According to Bloomberg, after the milestone cryptocurrency legislation passed in the United States, Tether Holdings SA plans to resume operations in the country, with a focus on the US institutional market. The CEO of the company, Paolo Ardoino, stated that Tether's domestic strategy in the United States will provide efficient stablecoins for payments, interbank settlements, and transactions. Ardoino stated that Tether is not interested in becoming a publicly traded company, and as it plans to expand into the United States, it will continue to focus on emerging markets that may have an advantage over its competitors.