Tether CEO highlights focus on developing countries and strong U.S. Government relations

In an interview with Cointelegraph, Tether CEO Paolo Ardoino emphasized that while the company is focused on developing countries, it is also committed to maintaining strong ties with the U.S. government. Tether holds $98 billion in U.S. Treasury Bills, positioning itself as a key player in global finance and a valuable partner to the U.S. Ardoino credited Tether’s success to its simplicity and focus on regions with high demand for stablecoins, like Argentina and Turkey, and noted that the company has made strides in addressing past transparency concerns.