[Tether CEO: No Position on Stablecoin Yield Legislation Issue, Tether Does Not Share Yields] Foresight News reports that The Block journalist Yogita Khatri wrote that when she asked Tether CEO Paolo Ardoino whether the reports claiming 'Tether aligns with banks on the stablecoin yield issue' were accurate, Paolo Ardoino responded, 'We have no position on this matter. Tether does not share yields. So we don't have much of a stance in this debate.' Foresight News previously reported, citing Brogan Law, that Tether's U.S. operations met with U.S. senators and their staff, expressing support for the current draft of the market structure bill and raising no objections to the draft's prohibition on stablecoin yields.