Tether is planning the launch of a new US dollar-pegged stablecoin by 2026. This potential entry into the market could disrupt the already significant influence of USDC (USD Coin), especially in the United States. Tether CEO Paolo Ardoino has highlighted his belief that their USDT stablecoin is a global success and emphasizes ongoing regulatory discussions for this new product. With an estimated market capitalization of nearly $150 billion, Tether currently dominates the stablecoin market at approximately 66%. This US-centric approach will see them focus on providing liquidity and yield-enhancing instruments like U.S. Treasury bills, contributing significantly to profits. The potential launch could reshape the domestic stablecoin landscape by challenging USDC’s market share, particularly amongst US consumers.