Tether Targets US Market with New Stablecoin Amid Regulatory Scrutiny

Tether, the cryptocurrency firm known for its stablecoins, is expanding into the United States with plans to launch a new US-focused stablecoin. The move comes amid ongoing discussions with US authorities to ensure compliance with new stablecoin regulations. This strategic pivot reflects Tether’s ambitions to secure a dominant position in the rapidly developing US cryptocurrency market.