Tether Emerges From Shadows During Ardoino’s US Tour (1)

In addition to being the world’s most-traded cryptocurrency, Tether Holdings SA’s stablecoin has been dogged by questions for years over its reserves and use by criminals.

Now Tether Chief Executive Officer Paolo Ardoino is claiming vindication during his first visit to the US, including a stop in Washington last week while President Donald Trump held his inaugural digital-asset summit. Tether has long denied the speculation about money laundering and terrorist financing. Trump has endorsed a crypto-friendly regulatory regime and that has included the dropping of lawsuits against about a dozen crypto companies since taking office in January.

“We have ...