Râu Cao ⚡ on Nostr: "We may not be the best in presenting ourselves, but what matters is that we ...

"We may not be the best in presenting ourselves, but what matters is that we onboarded the FBI" to Tether's compliance systems, he added. "We onboarded the U.S. Secret Service. We have thank-you letters from the DOJ … We think we are doing, you know, the best we can." — Paolo Ardoino

Tether already looks a lot like a semi-private U.S. CBDC. And it makes sense, since the Federal Reserve banks are privately owned, too. May as well extend the current collaborations with some kind of permanent oversight board, stacked with more government bureaucrats.