Tether Makes Headlines: Freezes $1.6M in Terror Funds While Eyeing Global Domination
Tether just flexed its compliance muscles—freezing $1.6 million tied to terrorism. Meanwhile, the stablecoin giant’s plotting its next market coup.
The Compliance Play
No more ‘wild west’ accusations. Tether’s working with U.S. authorities to choke off illicit flows—proving even crypto’s most controversial players can play nice(ish) with regulators.
The Expansion Gambit
Behind the PR win? A calculated push into new markets. Because nothing says ‘trust us’ like helping seize terrorist cash—while quietly building a financial empire.
Funny how ‘voluntary’ compliance spikes when there’s a market share prize on the table. Just ask the banks—oh wait, they’re too busy lobbying against this upstart.
Tether plots U.S. reentry with regulated stablecoin offering
After years of operating primarily outside the U.S. following clashes with regulators, Tether is now planning a return.
CEO Ardoino confirmed that the company is preparing to expand in the U.S. under the new GENIUS Act, which was signed into law last week by President Trump.
This time, Tether will roll out a regulated, institutional-grade stablecoin tailored for payments, interbank settlements, and trading infrastructure, part of its broader push to align with compliance and rebuild trust in the market.
While no specific timeline has been given for the re-entry, Tether is reportedly already in talks with auditors and is mulling the creation of a U.S.-focused stablecoin with enhanced disclosures to meet regulatory standards.