According to the source, the crypto industry hosted a private dinner with U.S. lawmakers to push tax policy priorities, highlighting active policy engagement that traders should monitor for U.S. market headline risk.

According to Eleanor Terrett, Tether, the issuer of the world's largest stablecoin USDT, is actively collaborating with U.S. lawmakers to influence regulatory frameworks for fiat-backed currencies. This development is significant as Tether holds a controversial position within U.S. crypto policy circles, impacting regulatory sentiment and potential trading strategies involving USDT.

According to @EleanorTerrett, Tether is actively working with U.S. lawmakers to influence the regulation of stablecoins like USDT in the United States. This involvement comes amidst Tether's controversial reputation in U.S. crypto policy discussions, highlighting the strategic importance of regulatory frameworks for its operations.