Tether's CEO, Paolo Ardoino, hinted at the possibility of enhancing the company's presence in the United States despite the current regulatory uncertainties. He emphasized the necessity for regulatory clarity before making significant decisions.

"I cannot exclude Tether moving a bit more toward some US presence, but we are also doing that in a cautious way," Ardoino stated.

During an interview with Bloomberg TV on January 16, 2025, Ardoino pointed out the importance of understanding the regulatory landscape:

"For the moment, we need regulatory clarity and guidance. We need to see what the laws are looking like coming from the US, and then we will decide."

Crypto Set To Become National Priority Under Trump Administration

Ardoino's comments come amid substantial changes expected as Donald Trump, the President-elect, prepares to endorse an executive order that would elevate cryptocurrency to a national priority post-inauguration on January 20. This potential shift could foster a more favorable regulatory framework for Tether and similar companies in the U.S.

Tether's Strategic Moves

Tether's operational strategies have seen a shift as the company has moved operations to El Salvador, emphasizing the country’s robust regulatory framework. Ardoino noted:

"The digital assets licensing framework in El Salvador is very comprehensive and the application process is thorough."

Financially, Tether is projected for a banner year, potentially exceeding its previously estimated profit forecast of $10 billion for 2024. They reported a profit of $2.5 billion for the third quarter alone, raising its total to $7.7 billion by September.

Additionally, Tether has secured a $775 million investment in the popular video-sharing platform Rumble, reinforcing its commitment to promoting free speech. Currently, Tether's flagship stablecoin, USDT, leads the market with a market cap of $137 billion and holds a 64% market share.