Expanding its reach into the US, Tether is launching a new stablecoin called Tether USA₮. This initiative aims to capitalize on the growing demand for digital currency within the United States as regulations evolve and the industry matures. Tether leverages its global experience with USDT, employing its strong resources and strategic alliances to navigate the unique landscape of the U.S. financial system effectively. Bo Hines, former executive director of the White House Crypto Council, has been appointed CEO of Tether USA₮, leading this new chapter for Tether’s US operations. Paolo Ardoino, Tether’s CTO, believes this launch aligns with their global operational sturdiness and complies with the GENIUS Act, a key legislation governing stablecoins in the U.S.