Tether weighs a decisive entry into the US local Stablecoin market, where CEO Paulo Erdino indicates a symbolic symbol that corresponds to the United States-which provides legislative clarity. The world’s largest source of Stablecoin is looking to define its strategy just as Washington intensifies the organizational efforts and institutional support for the dollar -backed digital assets.
Talk to On the edge of the abyss ARDOINO said, Tether is “open” to create local Stablecoin, but stressed that it will require a distinguished operating model designed for American regulations. “We are seeing the draft law,” said Erdino.
It is a market that we never played, and we need to understand how to fit.
This possible expansion comes as Tether tries to fix its image and align more closely with American policy makers. While USDT still gets more than 60 % of the $ 230 billion Stablecooin market, the organizational opposite winds prompted a rethinking of the global fingerprint.
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- Total market ceiling in Tether. Source: Devillama.
In the European Union, the stock exchanges deleted the USDT in 2024 due to the compliance issues of Mika. In the United States, a $ 42.5 million CFTC fine is cast a long shadow – one of them is Ardoino eager to overcome it.
Organizational moves from the rope
Tether started working closely with federal agencies, including the Ministry of Justice and Treasury, and recently helped freeze $ 9 million connected to a supernatural encryption. According to what was reported, the company is in conversations with the four major auditing company to conduct a long -awaited review of its reserves. Erdino confirmed that both the global Stablecoins and any future will undergo a full audit, describing transparency as “the highest list of our priorities.”
Organizational momentum is unambiguous. President Donald Trump has repeatedly expressed his support for Stablecoins, and put them in framing it as tools to extend the dominance of the US dollar. His administration supports the genius law, which is now advancing through the Senate, which seeks to create a federal framework for the dollar -backed Stablecoins with support requirements 1: 1 and anti -AML.
The company has recently become the seventh largest holder of US Treasury bonds, as Cryptomode said.
