Tether CEO: USDT is about to enter the U.S. market

CoinWorld news, after President Trump signed the (GENIUS Act), the leaders of the two major stablecoin giants Tether and Circle quickly responded. Tether CEO Paolo Ardoino stated that the company plans to bring USDT into compliance in the U.S. through the 'foreign issuer pathway' in the Act, and complete the audit process within the next three years. Additionally, Tether still plans to launch a dedicated U.S. local stablecoin to meet market demands for various uses. Circle CEO Jeremy Allaire responded that the Act actually establishes the compliance standards that Circle has long upheld, which will further strengthen its institutional trust and market position. Both CEOs attended the White House signing ceremony but did not interact. [Decrypt]