Tether Considers US-Exclusive Stablecoin Amid Regulatory Shifts

Tether is contemplating launching a US-exclusive stablecoin in response to potential regulatory changes under a second Trump administration. CEO Paolo Ardoino stated to the Financial Times that ongoing discussions about US digital asset regulations could encourage new market entrants. Tether, which currently manages $144 billion in USDT, accounting for 70% of the stablecoin market, does not serve US customers but may reconsider if favorable regulations are established. Trump has called for new stablecoin regulations by August, aiming to position the US as the "crypto capital of the planet."