Tether Eyes U.S. Market with New Stablecoin Plan

Tether plans to bring USDT to the U.S. via the GENIUS Act and launch a new compliant stablecoin.

  • Tether plans to reintroduce USDT to the U.S. under new legislation.
  • A U.S.-compliant stablecoin is also in development.
  • Potential influx of liquidity could boost Bitcoin prices.

Tether, the company behind the world’s largest stablecoin USDT, is preparing to re-enter the U.S. market. This move follows the introduction of the GENIUS Act, a legislative proposal aimed at regulating digital assets in a clear and structured manner. If approved, this act could provide Tether with the regulatory framework it needs to operate lawfully in the U.S.

USDT, which has long been used in crypto markets globally, was previously kept at arm’s length from the U.S. due to regulatory uncertainty. With the GENIUS Act, that may soon change. Tether is positioning itself to take advantage of this opening, offering both the existing USDT and a newly planned U.S.-based stablecoin designed to fully comply with American laws.

A U.S.-Compliant Stablecoin on the Horizon

In addition to its USDT expansion, Tether has revealed its intention to launch a brand-new stablecoin tailored for the U.S. market. While details about this new token are still emerging, it is expected to align closely with regulatory standards, ensuring transparency, full backing, and financial reporting.

This new token will likely operate separately from USDT, giving Tether two avenues to engage with different regulatory environments. By doing so, the company aims to expand i

Bitcoin Could See a Surge in Liquidity

Perhaps the most exciting consequence of this move is the potential liquidity boost for Bitcoin. As USDT and a new stablecoin become accessible to U.S.-based investors and institutions, billions of dollars could flow into the crypto markets. Historically, USDT has been a key on-ramp for Bitcoin trading, and this renewed access could trigger significant buying pressure.

If the GENIUS Act gains traction and Tether executes its plans successfully, the effects could ripple across the entire digital asset landscape.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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