February 26th news, according to TheBlock, Circle and Tether have different views on the regulation of stablecoins in the United States. Circle CEO Jeremy Allaire believes that "there should not be a free pass" and stablecoins pegged to the US dollar should be registered and operated in the United States. Meanwhile, Tether CEO Paolo Ardoino claims USDT is the most successful tool for U.S. dollar hegemony and distribution in emerging markets, and believes that its “competitor”’s true intention is to “kill Tether.” It should be noted that part of Tether’s reserves are managed by Cantor Fitzgerald, and the company’s former CEO Howard Lutnick was recently appointed by Trump as Secretary of Commerce. In January, Trump also signed an executive order to protect the dollar to strengthen U.S. government support for stablecoin issuers, including efforts to promote growth and development of compliant stablecoins backed by the dollar.