In a world where regulations tighten like your mom’s grip on the remote, Tether’s fearless captain, Paolo Ardoino, boldly declares: “We’re not sticking around when the US plays tough with rules.”
Sources whisper that the stablecoin giant, stationed in El Salvador (because why not?), will ignore the American crackdown and instead focus on the exotic shores of foreign markets—because who needs Uncle Sam’s approval, right?
“It’s vital for us to see if the Genius Act is playing it fair,” Ardoino muses, while probably secretly packing his bags for a beach in Belize. “We can stay compliant and still serve the unbanked billions—like a crypto Robin Hood with a passport.”
Since 2018, Tether has been doing the American limbo—ducking out of U.S. customers—mostly because backing USDT with Bitcoin is a no-go zone, thanks to regulators’ love for saying “no.”
Meanwhile, Ardoino chuckles at the idea of banks like JPMorgan or Bank of America jumping into stablecoins—probably dreaming of their own shiny coins while sipping lattes in their glass towers. “We’re not losing sleep over big banks jumping on the bandwagon,” he says, “our real customers are the 3 billion unbanked souls, who prefer different adventures.”
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2025-05-26 23:01