If the USDT stabilcoin does not comply with the requirements of the new US legislation, Tether will release a new asset specifically for the American market, said the general director of the issuing company.

Paolo Ardoino (Paolo Ardoino) said that now, on the consideration of the US Congress, there are two bills for stablecoins – the so -called Stable and Genius – both require issuers of disclosure of information about activities and ensuring tokens.

“We do not think that there is something particularly problematic in stablecoin-pro-Kon projects. USDT is ideal for developing markets, but we can create a payment stablecoin that will work in the USA, ”said Tether general director.

According to the businessman, USDT All the same, it will continue to bargain in the USA in the secondary market, and its growing popularity indicates the practical value of the asset for users. At the same time, stablecoins are becoming more and more in demand among companies and state institutions planning to launch their own digital products, Ardoino believes.

Earlier Paolo Ardoino declaredthat the first full financial audit for verification of asset reserves would like to conduct with the participation of one of the Big Four companies – Deloitte, Ey (Ernst & Young), KPMG (KlynVeld Peat Marwick Goerdler) or PWC (PricewaterhouseCoopers).