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Tether CEO: Will Provide Efficient Stablecoin for U.S. Domestic Payments, Interbank Settlement, and Trading

By: theblockbeats.news|2025/07/24 00:42:26

BlockBeats News, July 24th, according to Bloomberg, Tether CEO Paolo Ardoino stated that Tether's U.S. domestic strategy will provide efficient stablecoin solutions for payments, interbank settlements, and trading. Tether is not interested in becoming a public company, and will continue to focus on emerging markets where it may have an advantage over its competitors.

An institution participated in the private placement and then sold PUMP to CEX, with a loss of $700,000
The next round of FTX's compensation distribution is expected to start around September 30th.

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