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Tether may launch a new stablecoin specifically in the US domestic market.
[Tether may launch a new stablecoin specifically for the U.S. domestic market] Tether may specifically target the U.S. domestic market with a new Token, Tether CEO Paolo Ardoino stated in an interview that the company has been involved in discussions regarding U.S. stablecoin regulations and may create a Token solely for the U.S. depending on the progress of these discussions. Paolo Ardoino stated that the Trump administration views stablecoins as “an important tool for the United States” and that if new rules are introduced to make (U.S.) stablecoins competitive, Tether may be interested in creating a “domestic” stablecoin, which would essentially be a “settlement currency.”