Tether's CEO, Paolo Ardoino, participated remotely in DC Fintech Week to emphasize his company's cooperative stance with law enforcement and to express confidence in upcoming U.S. regulations for cryptocurrency.

He stated, "There is no place like the U.S. I think it’s very, very important that sensible crypto regulations and stablecoin regulations will come to fruition in a way that will protect the end users."

Ardoino highlighted the necessity for the U.S. to establish regulations that would enable continued innovation in stablecoins and assist individuals in regions with fewer financial opportunities. Tether, as a leading stablecoin provider, aims to maintain its commitment to compliance while advocating for protective regulations for consumers.