**Summary**
We would like to register $USDt on Interlay as a first step towards considering it as a Vault collateral and to facilitate other ongoing developments.

**Proposal**
Enabling this kind of asset on Interlay will allow users to adopt less risky positions with potentially tighter collateral thresholds which should eventually increase the system-wide minting capacity.

We request that TC upgrade this proposal directly to a referendum.

**Resources**
HRMP ACCEPT: https://interlay.subsquare.io/democracy/referendum/25

- Interlay wants to add USDt to their platform.
- This will help users take less risky positions and increase the system's capacity.
- They want the proposal to be upgraded to a referendum.
- The proposal has been accepted by HRMP.
- You can find more information at the provided link.

Register USDT as a foreign asset on Interlay