Tether CEO Paolo Ardoino has announced that the company has a close relationship with the US government, noting its cooperation with the FBI and the Secret Service. This comes as Tether approaches its 10th anniversary and holds around $98 billion in US Treasuries, making it one of the largest holders of such securities globally. Ardoino stressed Tether’s commitment to regulatory compliance and the importance of a simple model for USDT’s success in the stablecoin market.
