Tether, the world’s most traded cryptocurrency, is considering offering a US-only stablecoin if Donald Trump’s administration introduces regulations to encourage new market entrants.
Paolo Ardoino, the group’s chief executive, told the Financial Times it was involved in discussions about US rules on stablecoins — a type of cryptocurrency pegged to a real-world asset such as the dollar — and that the administration saw them as “an important instrument for the United States”.
Depending on the outcome, Tether could create a token just for the US market Ardoino said. At the moment $144bn of tether tokens…
