Tether Partners With US Lawmakers to Shape Stablecoin Regulations
The post Tether Partners with US Lawmakers to Shape Stablecoin Regulations appeared first on Coinpedia Fintech News
Tether is the most prominent player in the stablecoin market. It has a market cap of nearly $142,009,666,873. A statement posted on X by acclaimed business journalist Eleanor Terrett reveals that Tether is working with US lawmakers to develop a clear stablecoin regulatory framework in the country. Interestingly, as many as three stablecoin bills were introduced in the US House and Senate in the recent past. Here is everything you should know about the development.
NEW from me: Offshore stablecoin giant @Tether_to is working with U.S. lawmakers to influence how these fiat-backed currencies are regulated in the U.S.The issuer of the world’s largest stablecoin $USDT has been a controversial figure in U.S. crypto policy circles due to an…
— Eleanor Terrett (@EleanorTerrett) February 14, 2025
Tether’s Role in US Stablecoin Regulation
The X post by Eleanor states that Tether is working with US lawmakers to develop a clear stablecoin regulatory framework.
In the post, Eleanor notes that Tether CEO paolo ardoino paolo ardoino Paolo Ardoino is the chief technology officer at Bitfinex. He graduated from the University of Genoa in the computer science program. Arduino became intimately concerned with cryptography and discovered distributed systems while undertaking research for a military project.Arduino began his career as a senior software developer at Bitfinex in 2014, and after two years, he was elevated to chief technology officer. He is also the commander, Bitfinex had a banner year in 2020, launching a staking service, institution-grade custody services, an open-source peer-to-peer streaming protocol, and a market surveillance tool, all under the technological supervision of Ardoino. In addition, the exchange earned headlines for conducting one of the largest Bitcoin transactions ever. Details: Organization: SwissBorgLocation: Lausanne, SwitzerlandEducation: Holds a degree in Computer Science and Engineering from a renowned universitySkills: Blockchain development, Smart contract engineering, Decentralized finance (DeFi), Cryptocurrency market analysis, Leadership in fintech and blockchain industries Experience: Chief Technology Officer (CTO), SwissBorg (Date: 2018–Present)Blockchain ConsultantSoftware Engineer FAQs 1. Paolo Arduino is who?SwissBorg's CTO, Paolo Arduino, is an expert in blockchain, DeFi, and cryptocurrency technology.2. What is Paolo Arduino's role at SwissBorg?SwissBorg's technical team is led by CTO Paolo Arduino, who specializes in blockchain and DeFi solutions. EntrepreneurDeveloper/ProgrammerFinanceChief Technology Officer confirmed the company’s commitment to support lawmakers to create the best stablecoin regulatory framework for the country.
She also emphasises that Ardoino, referring to the three stablecoin bills tabled in the US lawmaking houses lately, expressed his company’s intention to support the evolution process of these bills through meaningful advice.
She also mentions that the Tether CEO is very keen to ensure that his company’s voice should not go unnoticed.
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Stablecoin Bills Under Discussion
As mentioned earlier, at least three stablecoin bills were tabled in the lawmaking houses in the US last week.
The STABLE Act was introduced by Bryan Steil, the chairman of the Financial Committee Digital Assets Subcommittee, and French Hill, a senior Congressman. The act targets to create a regulatory framework for stablecoins with bipartisan backing. Currently, it is under review.
The GENIUS Act was tabled by Bill Hagerty, an influential senator. The bill proposes federal oversight of payment stablecoins while preserving state regulatory authority. Notably, it has secured bipartisan support.
A stablecoin bill was also submitted by Maxine Waters, a senior lawmaker. If this bill is passed, it would require issuers to register and maintain one-to-one reserves backed by US currency or approved assets.
There are reports that the lawmaking houses aim to finalise the bills by April.
In conclusion, while stablecoins regulations are moving forward, Tether is positioning itself as an active player in shaping US stablecoin policies. The company remains committed to compliance but wants to ensure its voice is heard in legislative discussions.
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AI-Powered Meme Coin MIND of Pepe Passes $6M Milestone in Trending Crypto Presale
The meme coin space is about to get a whole lot smarter.
MIND of Pepe, a new project that combines AI-powered insights with meme vibes, has reached the $6 million mark in its presale.
Investors are hyped – convinced this could be the next AI crypto to explode.
MIND of Pepe Gives Traders an AI Edge in the Crypto Market
MIND of Pepe takes the familiar face of Pepe the Frog and upgrades it with artificial intelligence.
Instead of being just another useless meme coin, it aims to give traders a real edge in the crypto market.
MIND of Pepe’s main feature is an AI agent that’s constantly scanning different platforms – from Twitter to Reddit – to find emerging trends and hidden opportunities.
Think of it as a robotic research assistant that never sleeps and can sift through the noise to find potentially profitable trades.
Six Million. $MIND pic.twitter.com/csxy0Hygoe
— MIND of Pepe (@MINDofPepe) February 13, 2025
Holders of MIND, MIND of Pepe’s native token, get exclusive access to these insights.
This means they can get in early on promising new coins.
Plus, the AI agent can interact with the blockchain – managing wallets and even launching tokens.
Again, those benefits will flow back to the MIND community.
And if that wasn’t enough, there’s even a staking program for MIND, which allows token holders to earn rewards estimated at 380% annually.
MIND of Pepe Presale Gains Huge Momentum & Passes $6M Milestone
Some serious numbers back up the excitement around MIND of Pepe.
MIND of Pepe’s presale has blown past $6 million since its January 13th launch – just one month ago.
The momentum is clearly building, with hundreds of thousands of dollars pouring in daily.
Right now, investors can buy MIND tokens for $0.0033188 each, and the presale accepts both crypto and credit card payments.
MIND of Pepe’s team has also partnered with Best Wallet to offer in-app purchases.
After the presale ends, the token generation event (TGE) will take place, followed by a DEX listing.
The team has set aside 10% of the total MIND supply specifically for exchange listings – and the buzz is already ramping up.
It’s not just everyday investors getting excited.
Popular YouTubers are taking notice, with Crypto Wire calling MIND of Pepe one of 2025’s “top meme coins.”
Fellow YouTuber ClayBro predicted there will be “gains ahead” for those who invest early in MIND of Pepe.
Audited Smart Contracts & Growing Online Community Fuel MIND of Pepe’s Presale
MIND of Pepe’s team is building a foundation for long-term growth.
The project’s tokenomics are designed to support both the AI agent and the token holder community.
A 25% chunk of the supply is dedicated to the agent itself, fueling its operations and ensuring its continued development.
Another 20% is set aside for marketing, keeping the early momentum going, while 15% will be used for community and staking rewards.
Then there’s 30% for development – with the final 10% set aside for exchange listings.
This setup proves MIND of Pepe’s commitment to sustained growth, not just a quick pump-and-dump.
Speaking of commitment, the team hasn’t cut corners on security.
They’ve had MIND of Pepe’s smart contracts audited by Coinsult and SolidProof, adding a layer of trust for investors.
This transparency, combined with its AI-powered features, is generating huge interest in MIND of Pepe.
The project’s Twitter page has even reached 17,000 followers already.
The next big milestone will be MIND’s launch on the open market, followed by the AI agent’s debut.
With so much to look forward to, it’s set to be an exciting few months for MIND of Pepe investors.
Visit MIND of Pepe Presale
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Trump Nominates Crypto Advocate to Lead CFTC, Backed by Industry Leaders
Brian Quintenz announced on social media platform X on Feb. 12 that he has been nominated by President Donald Trump to serve as the next chairman of the Commodity Futures Trading Commission (CFTC).
Expressing his enthusiasm for the opportunity, Quintenz wrote: “It is my great honor to be nominated by President Donald Trump as the next Chairman of the Commodity Futures Trading Commission, where I had served as a Commissioner in his last administration. The CFTC plays a critical role in maintaining robust hedging and price discovery markets that are the envy of the globe.” He added:
The agency is also well poised to ensure the USA leads the world in blockchain technology and innovation. I look forward to working with President Trump’s incredible financial regulatory team.
Quintenz has been a prominent advocate for cryptocurrency regulation, leveraging his experience as a former Commissioner of the CFTC and his role as Head of Policy at Andreessen Horowitz’s (a16z) crypto division. During his tenure at the CFTC from 2017 to 2021, Quintenz oversaw the introduction of regulated bitcoin and ether futures contracts and chaired the Technology Advisory Committee, facilitating comprehensive discussions on crypto-related policies.
The nomination has received praise from figures in the financial and cryptocurrency industries. Attorney Jeremy Hogan underscored the significance of the CFTC’s leadership in shaping the future of crypto regulation, stating: “The head of the CFTC will, eventually, likely be more important to the crypto space than the head of the SEC. And Brian Quintenz is a solid ‘A!’ Maybe an A+, but I never gave A+s when I was teaching, either.” Former CFTC Chairman Chris Giancarlo congratulated Quintenz on his selection, saying he will “serve as captain and lead pilot CFTC making America’s flight path for economic risk transfer both safer, broader and more innovative and dynamic.”
Ripple CEO Brad Garlinghouse also weighed in, recognizing the importance of the CFTC in strengthening U.S. capital markets and endorsing Quintenz’s appointment. The Ripple executive wrote on X:
The CFTC plays a vital role in making sure the U.S. has the most robust capital markets in the world.
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