Categories: MarketsMenafn

Tether Eyes U.S. Stablecoin Launch Amid Regulatory Tailwinds

Tether is weighing a crucial entry into the U.S. domestic stablecoin market as CEO Paolo Ardoino signals openness to launching a U.S.-compliant token—pending legislative clarity. The world’s largest stablecoin issuer is looking to pivot its strategy just as Washington ramps up regulatory efforts and institutional support for dollar-backed digital assets intensifies.

Speaking on the On the Brink podcast, Ardoino said Tether is “open” to creating a domestic stablecoin but emphasized it would require a distinct operating model tailored to U.S. regulations. “We’re watching the bill,” Ardoino said, referring to proposed legislation under discussion in Congress.

It’s a market we’ve never played in, and we’d need to understand how to fit in.

This potential expansion comes as Tether attempts to repair its image and align more closely with U.S. policymakers. While USDT still commands over 60% of the $230 billion stablecoin market, regulatory headwinds have pushed Tether to rethink its global footprint.

Tether’s Total Market Cap. Source: DefiLlama.

In the European Union, exchanges delisted USDT in 2024 due to MiCA compliance issues. In the U.S., a $42.5 million CFTC fine in 2021 cast a long shadow—one Ardoino is eager to move beyond.

Regulatory Moves From Tether

Tether has begun working more closely with federal agencies, including the DOJ and Treasury, and recently assisted in freezing $9 million connected to a record-breaking crypto hack. The firm is also reportedly in talks with a Big Four auditing firm to conduct a long-awaited audit of its reserves. Ardoino confirmed that both its global and any future U.S. stablecoins would undergo a full audit, calling transparency “top of our priority list.”

The regulatory momentum is unmistakable. President Donald Trump has repeatedly voiced support for stablecoins, framing them as tools to extend U.S. dollar dominance. His administration backs the GENIUS Act, now advancing through the Senate, which seeks to establish a federal framework for dollar-backed stablecoins with 1:1 backing requirements and AML safeguards.

The company recently became the seventh-largest holder of US Treasury bonds, as CryptoMode reported.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

Angry Pepe Fork Unveils Deflationary Roadmap as PI Network Crosses 60M Users

New York, USA, 1st July 2025, ZEX PR WIRE, While PI Network officially passes 60…

5 hours ago

Tradeview Secures Prestigious SCA Category 5 License, Unlocking New Growth Opportunities in the UAE

Dubai, UAE, 1st July 2025, ZEX PR WIRE, In a bold step forward for its…

9 hours ago

NodeOps Network $NODE Token Generation Event Sells Out in Minutes via Binance Wallet, Debuts Across Top Global Exchanges

Dubai, UAE, 30th June 2025, ZEX PR WIRE, NodeOps Network is thrilled to announce the…

17 hours ago

LF Labs (LF Coin) Breakout Steals Spotlight as Shiba Inu Price Targets $0.000017 Return

Dubai, UAE, 30th June 2025, ZEX PR WIRE, LF Labs (LF Coin) gained momentum today…

17 hours ago

How Leclerc & Co. Is Redefining Affordable Luxury in the Watch Industry

In a market flooded with mass-produced designs and influencer-driven hype, a new contender is emerging…

3 days ago

Arbra Unveils Tokenized Private Equity Basket with SpaceX, Ramp, and Varda on Colb

London, UK, 27th June 2025, Arbra Partners Group (“Arbra”), the global financial services company, has…

4 days ago