With the U.S. now officially regulating stablecoins under the newly signed GENIUS Act, Tether is moving to deepen its presence in the American market.
CEO Paolo Ardoino revealed that the company will introduce a dedicated U.S.-issued stablecoin while also adapting USDT to comply through the Act’s “foreign issuer” framework.
This marks Tether’s most direct attempt yet to enter the U.S. regulatory space. Ardoino said the company is working on meeting anti-money laundering standards, pursuing full audits, and completing a multi-year compliance roadmap. While USDT will likely remain focused on cross-border use, the new coin is designed for domestic adoption.
The move comes amid increasing competition, especially with Circle’s USDC already positioned as the regulatory poster child. CEO Jeremy Allaire welcomed the GENIUS Act, calling it a validation of Circle’s transparent model built around full reserves, public disclosures, and institutional trust. Unlike Tether, Circle has already aligned with most of the law’s provisions.
The GENIUS Act establishes clear federal standards for stablecoins, requiring full backing and annual audits. While critics question whether Tether can meet those expectations—given its history of partial disclosures and mixed-asset reserves—Ardoino remains confident. Following the bill’s signing, he posted on X, suggesting the new rules could supercharge U.S. dollar dominance through stablecoin adoption.
As the legal framework sharpens, the stablecoin landscape is shifting. For Tether, it’s a bid to legitimize its lead in a tougher environment. For Circle, it’s a regulatory homecoming.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/tether-to-launch-u-s-stablecoin-amid-regulatory-shift/