According to Odaily Planet Daily, Tether CEO Paul Ardoino stated in an interview with CNBC that Tether plans to launch stablecoin products in the U.S. as early as this year, with the specific timing depending on the progress of U.S. lawmakers on stablecoin legislation.
He referred to Tether's USDT as 'the best product in American history' - the 'largest exporter' of the dollar, currently with a market capitalization of nearly $150 billion, accounting for about 66% of the stablecoin market share. Ardoino emphasized that Tether is actively working with law enforcement to demonstrate the benefits of USDT to the U.S. economy.