Tether's CEO, Paolo Ardoino, confirmed that the company will adopt a dual approach. They will launch a dedicated stablecoin based in the U.S. and, at the same time, align USDT with the "foreign issuer" pathway of the GENIUS Act. This move marks Tether's first official commitment to direct participation in the U.S. market under the new regulatory framework.
Ardoino stated that Tether's strategy aims to meet strict anti-money laundering requirements and ultimately complete full audits of its reserves. He emphasized that the company has a three-year timeframe to achieve this and will address it with precision and dedication.
While USDT is currently issued in El Salvador, the GENIUS Act provides a pathway for foreign stablecoins to operate legally in the U.S. Ardoino added that USDT could primarily serve for cross-border remittances. In contrast, the planned U.S.-based stablecoin would be aimed directly at domestic users.
