#Tether Plans U.S. Institutional #Stablecoin Launch Within Coming Months
Tether CEO Paolo Ardoino confirmed the company's U.S. market entry strategy is "well underway" during a Bloomberg Television interview Wednesday.
The stablecoin issuer plans to launch a new U.S.-based institutional product designed for faster settlement times, separate from its existing
$USDT offering.
Ardoino indicated that an official announcement regarding U.S. institutional markets will come within the next couple of months.
The development follows President Trump's signing of the #GENIUS Act, which establishes a federal regulatory framework for stablecoins.
Tether's
$USDT maintains the largest stablecoin market capitalization at $162 billion.
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