Tether is considering creating a stablecoin for the US market
Date: 2025-04-07 Author: Gabriel Deangelo Categories: BUSINESS
The CEO of Tether, Paolo Ardoino, said that two key bills related to stablecoins — STABLE and GENIUS — are currently being discussed in Congress. Both require issuers to provide detailed information about the activity and security of their tokens.
"We do not see any serious problems in the proposed laws on stablecoins. USDT is great for emerging markets, but we can create a separate payment stablecoin exclusively for use in the US," Arduino said.
According to the head of the company, USDT will continue to be traded on the secondary market in the USA, which is confirmed by its growing popularity among users. This demonstrates the real practical value of the asset, especially in conditions where stablecoins are gaining more and more interest from companies and state institutions planning to launch their own digital solutions.
Earlier, Ardoino also noted that Tether is striving to conduct the first full-fledged financial audit of its reserves with the participation of one of the major international auditors. Among the potential partners are the "Big Four" companies - Deloitte, EY (Ernst & Young), KPMG (Klynveld Peat Marwick Goerdeler) and PwC (PricewaterhouseCoopers).
Thus, Tether is ready to adapt its strategy to meet regulatory requirements in the US, developing a new product that could meet the needs of the local market.
