Suche
Mein Konto
Tether announces launch of its own stablecoin in the USA by the end of the year - CEO Paolo Ardoino relies on GENIUS Act for successful market launch
Tether plans to launch its own stablecoin in the US Tether CEO Paolo Ardoino announced that the company plans to launch its own stablecoin in the US by the end of the year. Ardoino emphasizes that the passage of the GENIUS Act will play a significant role in this effort. The development and launch of new stablecoins is an important topic in the cryptocurrency industry as such digital currencies are often considered less volatile and represent a bridge between traditional financial systems and the cryptocurrency market. Tether, the company behind the popular stablecoin USDT, has already gained extensive experience in this area. Tether’s planned stablecoin…
Tether announces launch of its own stablecoin in the USA by the end of the year - CEO Paolo Ardoino relies on GENIUS Act for successful market launch
Tether plans to launch its own stablecoin in the USA
Tether CEO Paolo Ardoino announced that the company plans to launch its own stablecoin in the US by the end of the year. Ardoino emphasizes that the passage of the GENIUS Act will play a significant role in this effort.
The development and launch of new stablecoins is an important topic in the cryptocurrency industry as such digital currencies are often considered less volatile and represent a bridge between traditional financial systems and the cryptocurrency market. Tether, the company behind the popular stablecoin USDT, has already gained extensive experience in this area.
Tether's planned stablecoin could potentially create new opportunities for users in the US and increase competition in the digital currency market. With this initiative, the company is probably aiming to strengthen its market position and better meet the needs of users.
The passage of the GENIUS Act could be crucial to the regulatory framework under which this new stablecoin will be launched. The legislative developments could represent an opportunity for Tether and other companies to offer innovative products in a rapidly changing market.
In summary, Tether is planning a significant step towards the future of digital payment with the launch of its own stablecoin in the USA and the support of the GENIUS Act. It remains to be seen how the market and regulatory structures will develop and what impact this will have on the introduction of new technologies in the financial sector.