Tether has now minted 160 billion USDT, a historic high for the world’s largest stablecoin.
But as it expands, scrutiny is mounting over the company’s reserve practices and regulatory future in the United States.
This latest surge includes a fresh 2 billion tokens issued just today, capping a streak of aggressive minting that coincides with rumors of a potential IPO. Tether claims backing in U.S. Treasuries and gold, but critics point out that no full third-party audit has ever confirmed the reserves behind its ballooning supply.
Now, a new challenge is emerging: the GENIUS Act. If passed, the legislation could block USDT’s use in the U.S. and force Tether to undergo strict reserve audits—something it has historically avoided. While the company previously weathered EU regulatory pressure, losing access to the U.S. could be far more damaging.
Despite its global reach, Tether’s uncertain regulatory standing continues to raise questions about its long-term role in the financial system. As U.S. lawmakers debate the future of stablecoins, the spotlight on Tether is only getting brighter.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/tether-crosses-160b-usdt-minted-as-u-s-regulation-looms/