According to online reports, Tether CEO Paolo Ardoino said in a speech at the Cantor Fitzgerald Global Technology Conference in New York that Tether has "experienced hellish challenges" in the past few years, but still maintains its market dominance and expands its business in multiple fields. During his first visit to the United States, Ardoino held a conversation with Jack Maller, CEO of the Bitcoin Policy Institute and Strike, and took a photo on Capitol Hill in Washington, DC. He admitted that Tether has long been subject to strict review by the U.S. Department of Justice (DOJ), the Commodity Futures Trading Commission (CFTC) and the New York Department of Financial Services (NYDFS), and reached a settlement with the CFTC and NYDFS in 2021. Currently, Tether's USDT stablecoin accounts for more than 60% of the market share and has a total market value of US$143 billion, far exceeding its U.S. competitor Circle (US$58 billion). Tether will make a profit of US$13 billion in 2024 and continue to invest in areas such as AI, education and real-world asset (RWA) tokenization. Although Tether is headquartered in El Salvador, it has close ties with the United States, including holding nearly US$100 billion in U.S. Treasury bonds, making it the world's top 20 holders of U.S. debt. In addition, Tether is working with the FBI and the Secret Service to fight cryptocrime, and has invested $775 million in the right-wing social platform Rumble and plans to integrate USDT payment capabilities. At this conference, Ardoino emphasized Tether's optimistic future outlook and reiterated the importance of stablecoins to the global dominance of the US dollar, which is in line with the latest policy direction of the US Treasury Department.