Tether USDT Expansion Speeds Up After GENIUS Act

Tether USDT expansion accelerates after the U.S. GENIUS Act establishes a federal licensing framework for stablecoin issuers. CEO Paolo Ardoino confirms the firm will introduce a regulated USDT stablecoin tailored for institutional payments, interbank settlements, and trading, reinforcing its growth strategy in both the U.S. and emerging markets. Tether USDT expansion efforts will focus on maintaining private ownership and rigorous regulatory compliance, including enhanced disclosures, reserve audits, and anti-money laundering standards. The initiative heightens competition with major banks—Bank of America, Citigroup and Wells Fargo—planning their own stablecoins. Tether underscores its technological edge and market expertise. To ensure audit readiness, it appointed Simon McWilliams as CFO, aiming to secure a Big Four audit before broadening its U.S. stablecoin services.