According to an early May 2025 interview with CNBC, CEO Paolo Ardoino revealed that the Tether stablecoin issuer has announced its intention to launch a dedicated domestic stablecoin in the U.S. Ardoino affirmed the company’s alignment with the GENIUS Act.
He told CNBC that the release of a new U.S. dollar stablecoin hinges on the advancement of stablecoin regulations, particularly the GENIUS Act. Meanwhile, Tether’s primary token, USDT, will continue to target emerging markets.
Ardoino explained that this is a Smart move to offer a special product for the U.S. market. This news has sparked a lot of discussion among experts and crypto observers, as it shows a big change in Tether’s business plans while keeping its strong position worldwide.
Tether Stablecoin Focuses on the Unbanked
Paolo Ardoino explained that the Tether stablecoin is very important for emerging economies, particularly where many people don’t have access to banks. World Bank data shows that around 1.4 billion adults don’t have bank accounts, mostly in Sub-Saharan Africa and parts of Asia.
Ardoino told Bloomberg that people want something reliable in their lives and for them, it is the U.S. dollar in digital form, which is what USDT offers. According to him, USDT is a popular choice for remittances and savings, as it helps users maintain the value of their assets despite local currency depreciation.
For these regions, the Tether stablecoin is more than just a trading tool, it is a financial lifeline. Many people use it to send money home or to protect their savings when the local currency loses its value.
Ardoino said that nearly 37% of USDT users depend on the Tether stablecoin to save their money. This shows how important it is beyond just investing or trading.
GENIUS Act Spurs Domestic Plans
The U.S. markets need a different plan, Paolo Ardoino said that in the U.S., people use Tether stablecoin differently because the country already has a strong payment system.
He said that in the U.S., you don’t need stablecoin to make money work better. Instead, Tether is looking to introduce a new stablecoin that will be specifically for the U.S. and will follow the U.S. rules.
The GENIUS Act is moving forward in Congress; it sets clear rules for stablecoin makers, like having 100% reserves backing, preferably in U.S. Treasuries. Ardoino praised this framework and called it a “great idea” and said that they are better than Europe’s MiCA rules, which he thinks are less practical.
Experts Weigh In on Regulatory Landscape
Crypto analyst Jane Marcus said that Paolo Ardoino’s statements show a growing trend among global stablecoin companies. She explained that Tether is showing it’s ready to follow the U.S. rules, but in its own way.
At the same time, economist David Lin warned that clear U.S. rules are still very important; without clear guidelines, even big names like the Tether stablecoin might run into legal troubles.
Ardoino stays positive, and said that Tether is ready to follow the rulessaying Tether is “getting comfortable” with the GENIUS Act and is ready to follow the rules. However, he made it clear that the new U.S. stablecoin will only launch once the domestic regulations are fully clear.
Competitive Edge in the U.S. Market
Even though the Tether’s stablecoin is very popular around the world, it will face tough competition in the U.S. Experts say the U.S. market has many options for payment and new stablecoins. But Paolo Ardoino thinks Tether’s well-known name and fully backed reserves will help it to stand out.
Ardoino said the U.S. Stablecoin will have different features than USDT, designed especially for the U.S. economy. He also pointed out that Tether’s reserves, like cash and U.S. treasuries, make it well prepared to meet new regulations.
Conclusion
Tether’s stablecoin is at an important point, for balancing its strong global role with the new focus on the U.S. market. Paolo Ardoino shows that Tether is ready to follow new rules and change how it works.
The GENIUS Act is close to getting approval, and Tether’s new U.S. stablecoin might change its role in a big financial market. However, there is always a risk while investing in stablecoin of any crypto, and the past performance does not guarantee the future.
FAQs
1. In which interview did the CEO, Ardoino, reveal the announcement?
In a CNBC interview on May 2, 2025
2. What did Paolo Ardoino announce?
He revealed the company’s intention to roll out a stablecoin specifically for the U.S. market by 2025’s end.
3. When is the U.S. version of Tether expected to launch?
To launch by 2025
4. What legislation influences the new U.S. stablecoin launch?
The GENIUS Act.
5. Which regions have many unbanked adults who use Tether?
Sub-Saharan Africa and parts of Asia.
Glossary
Tether- A digital dollar coin that stays steady in value.
Paolo Ardoino- The leader of Tether announced the U.S. version of their coin.
U.S.-Focused Stablecoin- A special Tether coin made just for U.S. users, following local rules.
Unbanked- People who don’t have traditional bank accounts.
GENIUS Act- A U.S. rulebook designed to make stablecoins trustworthy and fully backed by real money.
Sources
CryptoState
Techinasia
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