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According to reports, Tether, the company behind the popular USDT stablecoin, is actively negotiating new rules for dollar-pegged cryptocurrency assets with U.S. authorities. With Tether promising to abide by any future legislation, this attempt comes as lawmakers start to create regulations around the expanding stablecoin sector.
Paolo Ardoino, the Chief Executive Officer of Tether, shared in a recent post that the company is closely working with U.S. authorities on the drafting of laws pertaining to stablecoins. As Ardoino stated, Tether intends to advise on every aspect of the legislative process. He emphasized, “We are going to work within the regulatory framework, and we are going to try to advise on every single one of these field proposals to make sure that our voice is heard…”
While the regulatory landscape remains uncertain, Ardoino affirmed that Tether is prepared to comply, regardless of the outcome. “We are not going to just throw in the towel and let Tether die just for the sake of not adapting to U.S. legislation. But there is still a lot of uncertainty over what’s actually going to happen, and we want our voice to be heard in the legislative process.”
The involvement of Tether is particularly significant as U.S. lawmakers, including Representative Bryan Steil of Wisconsin and Representative French Hill of Arkansas, recently introduced the STABLE Act of 2025. This bill is designed to establish a regulatory framework for stablecoins in the U.S. Tether is reportedly engaged in discussions surrounding the bill, contributing to its development.
In addition to the STABLE Act, other stablecoin-related bills were introduced this month by Representative Maxine Waters and Senator Bill Hagerty, signaling a broader push to regulate the industry.
For Tether, compliance with these new regulations would require submitting to monthly audits by a U.S. accounting firm, as well as maintaining a 1:1 reserve ratio of assets that regulators pre-approve.
Currently, Tether’s website hosts a dedicated transparency page, which provides daily updates on its reserve assets. As of December 2024, Tether reports $143 billion in net assets and $136 billion in total liabilities. This level of transparency is central to the company’s compliance efforts as it navigates the evolving regulatory landscape.