Tether’s Bold Vision: USDT Aims for $1.6 Trillion Market Domination Under New U.S. Regulations
In a groundbreaking development for the cryptocurrency sector, Tether CEO Paolo Ardoino has unveiled ambitious plans to expand USDT's circulating supply to $1.6 trillion, marking a tenfold increase from current levels. This strategic move comes in response to the recently passed GENIUS Act, which establishes the first comprehensive federal framework for stablecoin regulation in the United States. The legislation mandates strict requirements for stablecoin issuers, including full reserve backing, regular audits, and robust anti-money laundering (AML) compliance measures. Currently dominating 73% of the stablecoin market, Tether's expansion plans are poised to further cement the U.S. dollar's supremacy in global crypto markets. As of July 2025, this bold initiative represents a significant milestone in the institutionalization of digital assets and could potentially reshape the financial landscape for years to come.
Tether Aims for $1.6 Trillion USDT Supply Amid New U.S. Stablecoin Regulations
Tether CEO Paolo Ardoino envisions a tenfold expansion of USDT's circulating supply to $1.6 trillion following the GENIUS Act's passage, positioning the stablecoin to reinforce dollar dominance in global crypto markets. The legislation establishes the first federal framework for stablecoin oversight, requiring full reserves, audits, and AML compliance from issuers.
Currently commanding 73% of stablecoin transaction volume with $160 billion in circulation, Tether's growth ambitions coincide with heightened regulatory scrutiny. The Federal Reserve gains authority to license and supervise dollar-pegged stablecoin operators under the new law signed by President TRUMP on July 18.
While the act provides legal clarity that could accelerate institutional adoption, compliance costs may reshape the competitive landscape. Market analysts note that Tether's established infrastructure positions it favorably to absorb regulatory burdens that could challenge smaller issuers.
Tether to Introduce USDT in U.S. Under New Stablecoin Law, Plans Separate Domestic Token
Tether will begin issuing USDT within the United States under the newly enacted GENIUS Act, signed by President Donald Trump. The stablecoin giant will operate under the law's "foreign issuer" provision, allowing USDT—currently issued from El Salvador—to circulate domestically. Paolo Ardoino, Tether's CEO, confirmed the company has a three-year window to meet regulatory requirements, including anti-money laundering compliance and full reserve audits.
A second, U.S.-specific stablecoin is in development to align with domestic regulations. The MOVE signals a strategic pivot toward institutional adoption, with potential liquidity inflows into crypto markets. Circle, issuer of rival stablecoin USDC, affirmed the GENIUS Act complements its existing audit-based compliance model.
Lazarus Group Linked to $44M CoinDCX Hack, Mirroring WazirX Attack Pattern
North Korea's Lazarus Group has been identified as the perpetrator behind the $44 million exploit of Indian cryptocurrency exchange CoinDCX. Cybersecurity firm Cyvers confirmed the July 19 attack followed the same operational pattern as last year's $234 million WazirX breach, which occurred on the same calendar date.
The hackers demonstrated alarming efficiency, completing the theft in just five minutes through seven rapid-fire transactions. A preliminary test transfer of 1 USDT on July 16 preceded the main attack, which targeted the exchange's Solana-based operational wallet holding USDC and USDT.
CoinDCX maintains user funds were unaffected, though the breach raises serious questions about exchange security protocols. The repeated targeting of Indian platforms suggests a deliberate strategy rather than coincidence, according to analysts.