News Explorer — Tether, Dominant in Stablecoins, Aims to Launch a New Stablecoin in the US but Needs to Comply With Regulations

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Jul 28, 2:56 pm

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Tether, Dominant in Stablecoins, Aims to Launch a New Stablecoin in the US but Needs to Comply With Regulations

Tether, holding 61% of stablecoin market capitalization, plans to launch a new dollar-backed stablecoin in the US for institutional payments and interbank settlements. However, Tether must comply with regulatory requirements, including finding an auditor for its books.

Tether, holding 61% of stablecoin market capitalization, plans to launch a new dollar-backed stablecoin in the US for institutional payments and interbank settlements. However, Tether must comply with regulatory requirements, including finding an auditor for its books.

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