With a record-breaking $553 billion in transaction volume in June, Tether remains firmly at the top of the stablecoin market. Now, the company is preparing for its next major leap — a comeback to the U.S. with a new stablecoin tailored for Wall Street.

Regulation is Changing the Game

The recent approval of the GENIUS, CLARITY, and Anti-CBDC acts in the United States has significantly improved the regulatory environment for digital assets. Tether is seizing this opportunity. According to CEO Paolo Ardoino, work is already underway on a new U.S.-compliant stablecoin, specifically built for institutional investors.

Ardoino revealed the plan in an interview with CNBC, emphasizing that the product will be customized for financial hubs like Wall Street.

Wall Street Wakes Up – JPMorgan Joins the Hype

JPMorgan analyst Teresa Ho recently stated that stablecoins could become a cornerstone of modern financial infrastructure. Banks like JPMorgan are already hinting at interest in real-world asset tokenization and developing their own stablecoins.

This makes the timing ideal for Tether’s return — not with a retail-focused coin, but with one designed for the institutional sector.

Why Tether Is Not Going Public

While rival Circle went public in June and saw its shares soar by over 500%, Tether has no interest in an IPO.

“We’re not looking to become a publicly traded company,” Ardoino told Bloomberg, adding that independence and technical agility are more valuable to them. Instead of going public, the company is focusing on building strategic products and strengthening its U.S. presence.

Dominance, Criticism, and a New Direction

Despite facing long-standing criticism over reserve transparency, Tether is taking steps to address these concerns. Ardoino confirmed that they’ve resumed discussions with audit firms, aiming to improve the company’s credibility.

At the same time, Tether continues to dominate emerging markets, which it still considers its primary battlefield.

“We’ve been doing this successfully for the last 10 years. We understand these markets better than anyone,” Ardoino said.

Community & Analysts: Tether Is Playing the Long Game

On X (formerly Twitter), users have praised Tether’s new direction:

“This isn’t a pivot — it’s infrastructure chess,” one commented. Another hinted that this move could kick off the next altcoin season.

However, current data shows that Bitcoin still dominates, according to CoinMarketCap’s altcoin season index. That suggests the altseason may still be on hold.

Tether Still Rules the Numbers

In June alone, USDT processed a staggering $553.6 billion in transactions, more than double the $244.3 billion handled by USDC.

Tether remains the undisputed leader not only in stablecoins but across the broader digital asset economy — and its Wall Street ambitions are only just beginning.


#Tether , #USDT , #stablecoin , #WallStreet , #USDC

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!

Notice:

,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“