Golden Finance reported that Tether CEO Paolo Ardoino said on Tuesday during DC Fintech Week that the U.S. is expected to catch up in cryptocurrency regulation. He stated, 'There is no place that can compare to the U.S. I believe that the establishment of reasonable cryptocurrency regulations and stablecoin regulations to protect end users is extremely, extremely important.' He predicted that this situation will occur in the U.S. Ardoino noted, 'We are purchasing a large amount of U.S. debt, and the most important job of stablecoin issuers is to be able to liquidate reserves and repay everyone upon redemption.'