GENIUS Law Don Pass: 3-Year USDT Compliance Deadline
U.S. President Donald Trump don sign GENIUS Act into law on July 18, 2025, wey set new stablecoin regulation. Under this GENIUS Act, only them wey get permission to provide payment stablecoin fit serve U.S. customers after three years transition and all stablecoins suppose hold 100% reserve backing for cash or U.S. T-bills. Tether Q2 2025 report say USDT currently get 81.49% backing by cash and T-bills, e no reach GENIUS Act requirement. CEO Paolo Ardoino confirm say dem plan to register USDT under GENIUS Act rules with U.S. regulators (SEC or CFTC), join hands with regulated institutions to make sure say full fiat backing, capital requirements, reserve audits, and transparency dey. Nic Carter warn say USDT as e be now go lost domestic use after three years, e make Tether dey find emerging markets for existing USDT and to build new compliant U.S. stablecoin. Federal regulators expect to finish detailed rules by middle of 2026. Traders believe say USDT U.S. launch under GENIUS Act go raise liquidity, increase stablecoin competition with USDC, change trading pairs, and boost market trust, but price pegging impact on USDT likely go neutral.
Neutral
Di three-year compliance deadline wey dey for GENIUS Act for USDT plus di requirement for 100% reserves, e bring regulatory certainty wey fit strenghten market trust and liquidity for di long term, but because USDT dey pegged to di dollar, e price impact still remain small. For short term, traders fit see increased onshore liquidity and changes for trading pairs, wey go intensify competition wit USDC. For medium to long term, Tether compliance efforts plus new U.S. stablecoin fit stabilize market sentiment and solidify USDT dominance, without causing big price wahala for di token itself.