Tether has disclosed plans to enter the U.S. market by aligning USDT with the GENIUS Act and introducing a new, compliant stablecoin specific to the United States by late 2025.
Following this announcement, Tether’s new US-specific stablecoin will coexist alongside existing USDT tokens, enhancing cross-border payment efficiency while competing with other issuers. The new coin will also comply with reserve-backed audit requirements as mandated by the GENIUS Act.
Tether’s compliance strategy emphasizes regulatory adherence, customer protection, and market stability in response to increasing scrutiny from the U.S. regulators of stablecoins. This move is expected to promote US adoption of stablecoins through a transparent and legally compliant offering, while also driving innovation within the sector.
Details on Tether’s plans for the new US-specific stablecoin
In an official press release, Tether outlined its strategy of aligning with the GENIUS Act and launching a fully compliant US-specific stablecoin by late 2025. While continuing to serve its broad global user base, particularly in emerging markets, this new coin will be subject to the stringent requirements set forth by the act.
The implementation of the GENIUS Act is anticipated to establish new standards for U.S.-based stablecoin projects. Tether’s initiative underscores a commitment to transparency and compliance, directly competing with other issuers in hopes of expanding consumer choices and fostering innovation among companies and institutions.
