Tether Enters US Market: New Stablecoin Launch Planned

Tether is set to launch a new stablecoin product in the United States by year-end or early next year, according to CEO Paul Ardoino. This news came during an interview with CNBC on April 30th, where Ardoino revealed Tether’s plans for expanding its reach into the US market. The company already holds a dominant position as the leading exporter of US dollars with USDT, boasting a market capitalization nearing $150 billion, according to CoinGecko data.