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Hoppi
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URGENT: Tether CEO's Sudden Media Blitz: What's Happening NOW?

Tether CEO Paolo Ardoino is on a sudden media blitz this week. Interviews include Fortune, Bloomberg, Reuters, and TechCrunch.

The push follows Tether's launch of USAT, a U.S.-regulated stablecoin. USAT aims to compete with Circle's USDC.

Fidelity, JPMorgan Chase, and PayPal are also entering the stablecoin market. Howard Lutnick, former Cantor Fitzgerald CEO, is now Commerce Secretary. Cantor Fitzgerald manages Tether's reserves.

Ardoino appears to be repositioning Tether for legitimacy. This marks a shift from previous avoidance of U.S. regulators.

This is a developing story.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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