Tether Eyes US Expansion as New Stablecoin Rules Take Shape

Tether, the dominant stablecoin issuer, is strategically positioning itself for expansion within the United States following the passage of the GENIUS Act. CEO Paolo Ardoino revealed plans to develop a U.S.-specific stablecoin tailored for institutional use, including trading infrastructure and interbank settlements. "We are well in progress of establishing our U.S. domestic strategy," Ardoino stated, emphasizing efficiency for payments and settlements.

The move aligns with Tether's aggressive growth in emerging markets, notably its relocation to El Salvador. Unlike rival USDC's parent company Circle, Tether has no plans to go public, opting instead to deepen partnerships and regulatory compliance. The firm's focus remains on bridging traditional finance with crypto infrastructure as global adoption accelerates.