Tether Eyes US Market After Trump’s Stablecoin Push

Following Donald Trump’s executive order promoting stablecoin expansion and prohibiting the development of Central Bank Digital Currency (CBDC), Tether CEO Paolo Ardoino is exploring opportunities within the US market. His company is considering launching a US-focused stablecoin if new laws create greater competitiveness for domestic digital currencies. Ardoino is actively engaging with US regulators to develop a regulatory framework for stablecoins and explore the potential of establishing a US-only version of their stablecoin. This move could significantly impact the US digital asset landscape, potentially leading to increased institutional and retail engagement with Tether’s offerings. Ardoino envisions this as a chance to challenge the existing stablecoin dynamics and increase his company’s dominance. This change in policy may also facilitate greater regulatory compliance and trust within the digital asset sector.