Tether’s CEO, Paolo Ardoino, reminded everyone just how dependent the USDT stablecoin operator remains on the United States. In an interview with Coindesk, given a day after The Wall Street Journal published its report on an investigation into Tether, he again emphasized that the company responds to intelligence agency requests and follows sanction compliance rules.

Tether collaborates with the FBI, Secret Service, and even has letters of appreciation from the U.S. Department of Justice. Altogether, the company works with 180 government agencies worldwide.

According to him, Tether is fully dependent on U.S. government decisions, as the treasury bonds that make up the bulk of USDT reserves are held in accounts at Cantor Fitzgerald Bank.

“No matter where you hold your bonds, they will ultimately end up in a Federal Reserve account,” Ardoino said, adding that if the U.S. wants to destroy the company, they could do it “with the push of a button.”