In an interview with CoinDesk, Tether CEO Paolo Ardoino discussed the company's compliance efforts regarding illicit cryptocurrency use, stating that Tether does its best to cooperate with law enforcement and respects international sanctions. He emphasized that USDT's involvement in illegal activities is minimal compared to the U.S. dollar. Following reports of a U.S. criminal investigation into Tether, Ardoino refuted these claims as 'wildly irresponsible.' He highlighted that Tether has worked with numerous government agencies and has implemented measures to combat criminal use of its platform. Ardoino addressed concerns regarding Tether's reserves, which include significant U.S. Treasury bill holdings managed by Cantor Fitzgerald, owned by Howard Lutnick, who also has ties to Donald Trump's campaign. He noted that Tether's financial activities align with the interests of both political parties, particularly in promoting financial inclusion and supporting the U.S. dollar. Ardoino remains optimistic about the potential for favorable regulatory recognition of stablecoins in the future.

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