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Tether Boss: GENIUS Act Positions US for Digital Finance Leadership

Tether CEO Paolo Ardoino hailed the signing of the GENIUS Act by U.S. President Donald Trump on July 18 as a pivotal milestone in creating a transparent regulatory framework for digital assets in the United States.

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Tether Boss: GENIUS Act Positions US for Digital Finance Leadership

He stressed that thoughtful regulation is key to unlocking innovation, safeguarding consumers, and accelerating the mainstream adoption of blockchain solutions. Ardoino noted that the U.S. now has an opportunity to reestablish its leadership in digital finance by championing open networks and programmable money, emphasizing the role of stablecoins in enabling global access to dollars, facilitating cross-border payments, and enhancing financial resilience. He also expressed appreciation for constructive engagement with lawmakers and reaffirmed Tether’s dedication to upholding rigorous standards in transparency, compliance, and risk management—all while advancing decentralized financial infrastructure.