PANews reported on October 25th that, according to Coindesk, Tether CEO Paolo Ardoino stated in an interview that, in order to comply with federal regulations, Tether plans to launch a US-focused stablecoin, USAT, in December. The token will be issued by Tether America, a joint venture between Tether and Anchorage Digital, a regulated US cryptocurrency bank. Tether has invested in video-sharing platform Rumble and other platforms, aiming to expand its user base to 100 million Americans. Tether's USDT supply has grown to $182 billion, dominating the stablecoin market, while the market size of Tether Gold has tripled this year.PANews reported on October 25th that, according to Coindesk, Tether CEO Paolo Ardoino stated in an interview that, in order to comply with federal regulations, Tether plans to launch a US-focused stablecoin, USAT, in December. The token will be issued by Tether America, a joint venture between Tether and Anchorage Digital, a regulated US cryptocurrency bank. Tether has invested in video-sharing platform Rumble and other platforms, aiming to expand its user base to 100 million Americans. Tether's USDT supply has grown to $182 billion, dominating the stablecoin market, while the market size of Tether Gold has tripled this year.
Tether CEO: Plans to launch USAT, a US-compliant stablecoin, in December this year
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PANews reported on October 25th that, according to Coindesk, Tether CEO Paolo Ardoino stated in an interview that, in order to comply with federal regulations, Tether plans to launch a US-focused stablecoin, USAT, in December. The token will be issued by Tether America, a joint venture between Tether and Anchorage Digital, a regulated US cryptocurrency bank. Tether has invested in video-sharing platform Rumble and other platforms, aiming to expand its user base to 100 million Americans. Tether's USDT supply has grown to $182 billion, dominating the stablecoin market, while the market size of Tether Gold has tripled this year.
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