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Tether Plans U.S. Market Entry In The Next Few Months - Unchained
Stablecoin giant Tether plans to reenter the U.S. market with a new stablecoin specifically designed for domestic users, in alignment with the newly enacted Guiding and Establishing National Innovation for U.S. Stablecoins **(**GENIUS) Act.
In an interview with Bloomberg, Tether CEO Paolo Ardoino confirmed that the company is finalizing its strategy to launch a U.S.-based, dollar-pegged stablecoin by late 2025 or early 2026, with a focus on institutional payments and interbank settlements.
The new stablecoin will be separate from Tether’s existing USDT, which will continue serving international markets under a different legal framework.
This story is an excerpt from the Unchained Daily newsletter.
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Ardoino said the plans were “well underway” and that the firm plans to “announce it in the next couple of months.”
Tether’s USDT currently dominates global stablecoin circulation with over $162 billion but has been largely excluded from the regulated U.S. market due to past regulatory challenges.