๐ง๐ฒ๐๐ต๐ฒ๐ฟ ๐ฃ๐น๐ฎ๐ป๐ ๐จ๐ฆ-๐ฅ๐ฒ๐ด๐๐น๐ฎ๐๐ฒ๐ฑ ๐๐ผ๐น๐น๐ฎ๐ฟ ๐ฆ๐๐ฎ๐ฏ๐น๐ฒ๐ฐ๐ผ๐ถ๐ป ๐ฎ๐ ๐ฅ๐ฒ๐๐ฒ๐ฟ๐๐ฒ๐ ๐ก๐ฒ๐ฎ๐ฟ $๐ญ๐ฎ๐ฌ๐
Tether โ the biggest stablecoin issuer โ is planning a new US-based dollar stablecoin by late 2025 or early 2026, aimed at full compliance with American laws.
This signals a major shift in strategy, as Tether looks to boost regulatory alignment after years of scrutiny.
โ Key Highlights:
1. A New Stablecoin Just for the US
โข The new token will comply with US laws, separate from global USDT
โข Launch depends on upcoming legislation outcomes in Washington
โข CEO Paolo Ardoino confirmed the plan at Token2049 in Dubai
2. Lobbying Efforts in Washington Intensify
โข Ardoino is meeting lawmakers and lobbying for the GENIUS Act
โข He says Tether has the strongest law enforcement ties in the industry
โข The goal: prove compliance and rebuild trust in the US market
3. Reserves Hit Nearly $120B โ with Wall Street Backing
โข Tether holds $120B in US Treasuries managed by Cantor Fitzgerald
โข Q1 report shows $5.6B in excess reserves, slightly down from Dec
โข Some controversy: Cantor is led by sons of the US Commerce Secretary
โข Ardoino denies conflicts, says strong firewalls are in place
โ ๏ธ Past Issues, New Strategy:
โข In 2021, Tether paid $18.5M in fines for reserve misreporting
โข Now it publishes routine reports, claiming it's better capitalized than banks
โข Says it can survive major market shocks
๐๏ธ US Stablecoin Race Is Heating Up:
โข Trump-backed World Liberty Financial is also launching a token
โข Tether is racing to be first and fully compliant
โข The outcome may depend more on Washington politics than crypto tech
โ Why This Matters for Crypto:
Tether isnโt just building another stablecoin โ itโs trying to redefine itself in the eyes of US regulators.
If successful, it could reshape the entire stablecoin landscape going into 2026.