Tether Navigates US Compliance as Meta Returns to Stablecoin Realm

Tether is making moves toward U.S. compliance with the potential launch of a regulated stablecoin while undergoing a full audit, aiming for greater transparency and trust in the global market. This strategy follows tightening regulations for the stablecoin industry, putting pressure on issuers like Tether to adjust their reserves. Meanwhile, Meta is exploring stablecoin payouts for creators as part of a cautious return to crypto, bypassing high fiat transfer costs. The company is considering a token-agnostic approach using stablecoins like USDC, but faces opposition over its potential impact on financial stability and privacy.