Tether CEO: Tether’s relationship with the U.S. government is “very good”

PANews reported on October 4 that according to Cointelegraph, Tether CEO Paolo Ardoino said in an interview that Tether has a "very good" relationship with the US government and that its relationship is "much better than its competitors." Paolo Ardoino said that Tether is the only stablecoin recognized by the FBI and the US Secret Service, and mentioned that the company also cooperates with 180 law enforcement agencies in 45 countries. Tether also positioned itself as a "good friend" of the United States because Tether currently holds about $98 billion in U.S. Treasury bonds and is one of the world's largest holders of U.S. Treasury bonds.