Tether: looking forward to working with international lawmakers on security issues

According to a November 25 press release, according to official information, Sherrod Brown, director of the Senate Banking, Housing and Planning Committee, sent a letter to the firm on business and market dynamics for companies concerned, highlighting the significant risks in the recent working group. of the presidential staff, I ask for an exception. Report on financial markets to protect consumers and investors. He said he was very concerned about the negative circumstances that led to the redemption of some stablecoins, how these terms are different from traditional assets and why the circumstances. This set may be incompatible with traditional digital trading platforms. Tether thanks lawmakers for their interest in the functionality, mission, and security of each stable coin throughout the cryptocurrency process. We always look forward to working with lawmakers around the world on these important issues. As a pioneer in blockchain technology and a leader in vision and innovation, Tether has always been committed to ensuring that its customers are properly protected and equipped with the tools they need to be completed. We look forward to working with our partners to establish compliance.