Tether still dey focus on international level as US stablecoin rules dey change and dem don make transparency better
Tether, wey be di world's leading stablecoin issuer, don talk again say dem go still dey committed to international markets, even as US stablecoin regulation dey waka well, including di GENIUS Act wey don reach Congress. CEO Paolo Ardoino say Tether dey review di US Genius Act to make sure dem follow di rules, but e emphasize say di company growth strategy go still focus on new global markets, especially places wey plenty people no get bank account. Ardoino note say plenty payment options wey dey for US, like Zelle and PayPal, don reduce di demand for stablecoins like USDT for di local market. Even though Tether no dey serve US customers for now, most of dem reserves don already follow di proposed US regulatory standards, wey demand say stablecoins must get full backing from cash or US Treasury bonds and dem must follow AML and Bank Secrecy Act guidelines. Tether dey continue to improve transparency by appointing Cantor Fitzgerald to oversee dem reserves and hiring new CFO to strengthen financial oversight, wey make dem ready to still dey engage with regulators. Even with possible competition from US banks wey dey explore dia own stablecoins, Tether strong presence for underbanked markets and dia strict KYC/AML practices don make dem still dey dominate di global market. As di stablecoin sector don pass $248 billion in circulation, Tether international growth strategy and dia commitment to compliance and transparency fit increase market confidence, but big expansion inside US still no sure until dem get clear regulatory rules.
Neutral
Tether wey talk say dem go still push for international growth and make tins clear pass before with how dem manage dem reserve money through third party and follow government rules, dis wan go helep market pipo trust dem. But e no mean say USDT price go jump sharp sharp because dem don already strong for market, and dem no launch any new product or get more access to US market. As stablecoin don no too relevant for US again and dem dey focus on underdeveloped areas, plus US regulation wey dey on, e no go really affect di price for short term. But as time go dey go, as regulation dey clear, dis tins fit make market more stable and pipo go see dem better.