The post Tether took over the White House, now it’s tearing it down to build a ballroom appeared on BitcoinEthereumNews.com. Tether, which has cozied up to president Donald Trump through Secretary of Commerce Howard Lutnick, who previously assisted the stablecoin with acquiring US treasury notes, and its CEO Paolo Ardoino who was invited to the presidential residence at least twice, is now helping to tear down the East Wing of the White House. Alongside the stablecoin giant, 36 other corporate donors are helping to feed into Trump’s narcissistic tendencies by paying for him to build his overly-extravagant ballroom, including Google, Apple, Microsoft, Coinbase, and Ripple. Also donating is the former senator and CEO of the Intercontinental Exchange, Kelly Loeffler. Tether America makes donation, but how? Despite the fact that Tether America doesn’t have a website, a list of leadership, or any presence online whatsoever, the newly minted Tether sister company is supposedly the one donating to Trump. It was also previously discussed as a way for Tether to donate to pro-crypto and pro-stablecoin political candidates in the United States. There’s no record of a tax-exempt organization or registered corporation going by the name “Tether America” or “Tether US,” though Tether has claimed that the company is already open for business in Charlotte, North Carolina. Bo Hines, the former executive director of the President’s Council of Advisers on Digital Assets for Donald Trump, is set to lead the new entity. There’s no record of a tax-exempt organization or corporation going by the name “Tether America.” Read more: Tether’s dreams come true with Donald Trump victory It’s undeniable that Tether plays a significant role in US treasury note markets. Indeed, according to Tether’s transparency reports and US Major Foreign Holders of Treasury Securities statistics, it now holds about as much US debt as Saudi Arabia or South Korea. Though Congress recently passed the Genius Act, most of these rules and regulations simply… The post Tether took over the White House, now it’s tearing it down to build a ballroom appeared on BitcoinEthereumNews.com. Tether, which has cozied up to president Donald Trump through Secretary of Commerce Howard Lutnick, who previously assisted the stablecoin with acquiring US treasury notes, and its CEO Paolo Ardoino who was invited to the presidential residence at least twice, is now helping to tear down the East Wing of the White House. Alongside the stablecoin giant, 36 other corporate donors are helping to feed into Trump’s narcissistic tendencies by paying for him to build his overly-extravagant ballroom, including Google, Apple, Microsoft, Coinbase, and Ripple. Also donating is the former senator and CEO of the Intercontinental Exchange, Kelly Loeffler. Tether America makes donation, but how? Despite the fact that Tether America doesn’t have a website, a list of leadership, or any presence online whatsoever, the newly minted Tether sister company is supposedly the one donating to Trump. It was also previously discussed as a way for Tether to donate to pro-crypto and pro-stablecoin political candidates in the United States. There’s no record of a tax-exempt organization or registered corporation going by the name “Tether America” or “Tether US,” though Tether has claimed that the company is already open for business in Charlotte, North Carolina. Bo Hines, the former executive director of the President’s Council of Advisers on Digital Assets for Donald Trump, is set to lead the new entity. There’s no record of a tax-exempt organization or corporation going by the name “Tether America.” Read more: Tether’s dreams come true with Donald Trump victory It’s undeniable that Tether plays a significant role in US treasury note markets. Indeed, according to Tether’s transparency reports and US Major Foreign Holders of Treasury Securities statistics, it now holds about as much US debt as Saudi Arabia or South Korea. Though Congress recently passed the Genius Act, most of these rules and regulations simply…

Tether took over the White House, now it’s tearing it down to build a ballroom

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Tether, which has cozied up to president Donald Trump through Secretary of Commerce Howard Lutnick, who previously assisted the stablecoin with acquiring US treasury notes, and its CEO Paolo Ardoino who was invited to the presidential residence at least twice, is now helping to tear down the East Wing of the White House.

Alongside the stablecoin giant, 36 other corporate donors are helping to feed into Trump’s narcissistic tendencies by paying for him to build his overly-extravagant ballroom, including Google, Apple, Microsoft, Coinbase, and Ripple.

Also donating is the former senator and CEO of the Intercontinental Exchange, Kelly Loeffler.

Tether America makes donation, but how?

Despite the fact that Tether America doesn’t have a website, a list of leadership, or any presence online whatsoever, the newly minted Tether sister company is supposedly the one donating to Trump.

It was also previously discussed as a way for Tether to donate to pro-crypto and pro-stablecoin political candidates in the United States.

There’s no record of a tax-exempt organization or registered corporation going by the name “Tether America” or “Tether US,” though Tether has claimed that the company is already open for business in Charlotte, North Carolina.

Bo Hines, the former executive director of the President’s Council of Advisers on Digital Assets for Donald Trump, is set to lead the new entity.

There’s no record of a tax-exempt organization or corporation going by the name “Tether America.”

Read more: Tether’s dreams come true with Donald Trump victory

It’s undeniable that Tether plays a significant role in US treasury note markets. Indeed, according to Tether’s transparency reports and US Major Foreign Holders of Treasury Securities statistics, it now holds about as much US debt as Saudi Arabia or South Korea.

Though Congress recently passed the Genius Act, most of these rules and regulations simply don’t apply to Tether, which is based offshore, is unaudited, and remains in a strange, unregulated limbo.

Got a tip? Send us an email securely via Protos Leaks. For more informed news, follow us on X, Bluesky, and Google News, or subscribe to our YouTube channel.

Source: https://protos.com/tether-took-over-the-white-house-now-its-tearing-it-down-to-build-a-ballroom/

Market Opportunity
Whiterock Logo
Whiterock Price(WHITE)
$0.00007952
$0.00007952$0.00007952
+0.16%
USD
Whiterock (WHITE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
WaPo profile reveals Trump’s bizarre nickname for top health official

WaPo profile reveals Trump’s bizarre nickname for top health official

The Washington Post on Friday published a profile of an unknown political advisor to President Donald Trump's Department of Health and Human Services. And in that
Share
Alternet2026/03/13 22:19
Quantexa Launches Platform to Reduce Stablecoin Strain on Small Banks

Quantexa Launches Platform to Reduce Stablecoin Strain on Small Banks

The post Quantexa Launches Platform to Reduce Stablecoin Strain on Small Banks appeared on BitcoinEthereumNews.com. In brief Quantexa designed an AML solution for mid-size and community banks. It can help them identify crypto-powered crime, according to Quantexa’s Christopher Bagnall. Stablecoin legislation is expected to unlock new competitors. Quantexa, a data and analytics software firm, introduced a product on Wednesday that’s intended to help smaller financial institutions fight crypto-powered crime in the U.S. The London-based company is now offering a cloud-based, anti-money laundering (AML) solution through Microsoft’s cloud computing platform, which is “designed specifically for U.S. mid-size and community banks,” according to a press release. Quantexa said the pre-packaged product allows teams investigating financial crimes to make faster decisions with less overhead while maintaining accuracy, noting that banks are held to the same compliance standards across the U.S., despite what resources they may have. The product, dubbed Cloud AML, is also meant to reduce “false positives.”  A company survey published earlier this month found that 36% of AML professionals think digital assets will have the biggest impact on the AML industry within the next five years. The product’s debut follows the passage of stablecoin legislation in the U.S. this summer that’s expected to unlock competition from the likes of Bank of Ameerica and Citigroup. With federal rules in place, stablecoins are expected to become more mainstream. Some banks are taking a forward-looking approach toward their products, but most are more concerned about the ability to monitor inflows and outflows within the context of financial crime, Chris Bagnall, Quantexa’s head of financial crimes solutions for North America, told Decrypt. “They’re just trying to find a way to monitor it, and that’s pretty much it,” he said. “Only the most innovative banks, which is a small handful in this space, are focused on making it a business.” Banks may be able to see that a customer received or…
Share
BitcoinEthereumNews2025/09/18 11:28