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Tether is considering establishing a new entity in the United States to open new channels for political donations.
According to Mars Finance news on October 29, Bloomberg reported that Tether is considering establishing a physical presence in the United States and participating in political donations related to the 2026 U.S. midterm elections. Tether CEO Paolo Ardoino stated that the company is dissatisfied with the main political action committee (PAC) in the cryptocurrency industry, Fairshake, claiming it ultimately “serves the interests of a certain company.”