Tether CEO Paolo Ardoino has said he has no particular concerns about the possibility of banning the company's original USDT stabilcoin in the United States.

In an interview with the script, he said that Tether is considering creating a new stabilcoin compatible with the laws in the making of the United States, which will be designed specifically for the country's domestic market.

According to Arduino, Tether plans to offer two separate products with different values; one for emerging markets and the other for the payment system in the United States. He added:

We believe that USDT is optimized for emerging markets and we want to make a different product for America.

Under the new proposed rules in the House of Representatives (STABLE Act) and the Senate (Genius Act), foreign exporting companies such as Tether, headquartered in El Salvador, must comply with strict anti-money laundering regulations and scrutiny of financial reserves.

However, Tether has so far not provided any full financial audits, and the same issue has been criticized by competitors and observers.

However, Arduino has stressed that Tether has the highest level of cooperation with legal entities and is currently negotiating with large companies to conduct a full audit. He has said claims that Tether will not enter the US market stem from the disappointment of competitors.

It is noteworthy that Binance recently removed the USDT from its European division, as it does not comply with the new EU rules. Arduino added that Tether has invested in indigenous projects backed by dollars and euros in Europe, and that the USDT may not play much role in the United States or Europe in the future.