Paolo Ardoino (Tether) on stablecoin bills, pursuing an audit, and getting to 400m users (EP.606)
On The Brink with Castle Island
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Navigating Stablecoins: Regulation and Global Context
This chapter explores the political and regulatory landscape surrounding stablecoins, focusing on Tether's market position and the implications of recent legislative developments in the U.S. It discusses the challenges of adapting stablecoin solutions to various international contexts, particularly in emerging markets, and highlights the importance of compliance with U.S. regulations. The chapter also touches on Tether's future plans, including the prospect of a domestic stablecoin and the necessity for comprehensive audits amidst changing perceptions of crypto companies by major auditing firms.
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