Tether to Launch New Stablecoin Amidst US Regulatory Uncertainty

In anticipation of potentially stricter regulations from the U.S., stablecoin issuer Tether is considering launching a new stablecoin tailored for compliance with American standards, according to CEO Paolo Ardoino. While Tether’s current stablecoin may be well-suited for emerging markets, they are planning a payments-focused product specifically designed for the US market.