{"id":21036,"date":"2025-04-08T07:02:11","date_gmt":"2025-04-08T07:02:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21036"},"modified":"2025-04-08T07:02:11","modified_gmt":"2025-04-08T07:02:11","slug":"tether-plans-us-only-stablecoin-in-response-to-trumps-regulatory-support","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21036","title":{"rendered":"Tether Plans US-Only Stablecoin In Response To Trump\u2019s Regulatory Support"},"content":{"rendered":"
\n

As the cryptocurrency landscape in the United States undergoes significant changes under Trump\u2019s second administration, Tether, the company behind the largest stablecoin, USDT, is considering launching a US-exclusive stablecoin<\/a>.<\/p>\n

This potential move comes in response to ongoing discussions about regulatory frameworks for digital assets, which Tether\u2019s CEO, Paolo Ardoino, believes could encourage new entrants into the market.<\/p>\n

Tether Eyes US Expansion Amid Regulatory Changes<\/h2>\n

In a recent interview <\/a>with the Financial Times, Ardoino highlighted that Tether is actively involved in conversations regarding US regulations governing stablecoins\u2014digital currencies pegged to fiat currencies like the dollar.\u00a0<\/p>\n

The firm\u2019s CEO noted that the White House recognizes stablecoins as \u201can important instrument for the United States,\u201d which could pave the way for Tether to create a token specifically tailored for American users.<\/p>\n

Currently, Tether\u2019s stablecoin is widely traded, with approximately $144 billion in circulation, accounting for 70% of the overall stablecoin market. However, the company does not accept customers from the US, a restriction that could change if favorable regulations are established.<\/p>\n

The backdrop for Tether\u2019s potential expansion into the US market includes the administration of President Donald Trump<\/a>, who has expressed ambitions to position the US as \u201cthe crypto capital of the planet.\u201d Trump has called for new regulations for stablecoins to be ready by August, creating a sense of urgency in the industry.<\/p>\n

The regulatory environment is shifting, as evidenced by the Securities and Exchange Commission (SEC) pausing or dismissing most legal actions against various cryptocurrency entities.\u00a0<\/p>\n

Furthermore, the SEC\u2019s Division of Corporate Finance recently clarified that stablecoins are not classified as securities, alleviating some regulatory burdens previously seen under Biden\u2019s administration.<\/p>\n

Legislative Support For Stablecoins<\/h2>\n

Paolo Ardoino\u2019s optimism about entering the US market with this potential new stablecoin exclusive for US investors, is bolstered by these developments, according to the Financial Times.\u00a0<\/p>\n

The CEO stated that if the new rules enable US domestic stablecoins to become competitive, Tether would be interested in creating a domestic stablecoin<\/a> that could function effectively as a settlement currency.<\/p>\n

As such, industry experts echo Ardoino\u2019s sentiments about the necessity of a cohesive federal framework for stablecoins.\u00a0<\/p>\n

Jonathan Levin, co-founder and CEO of Chainalysis, emphasized that without such a framework, it remains challenging for financial services firms and international enterprises to adopt stablecoins on a larger scale.<\/p>\n

However, in what could be a sign of what\u2019s to come for the stablecoin sector with positive news and progress <\/a>from lawmakers in support of digital assets in the US, several bills have been introduced to further support the growth of stablecoins.<\/p>\n

Last year, Tether reported $13 billion in profits, further demonstrating the interest in such cryptocurrencies amid broader market challenges. Circle, on the other hand, which is behind the UDSC stablecoin, is now planning <\/a>to go public in the US.<\/p>\n

\"Tether\"<\/p>\n

Featured image from DALL-E, chart from TradingView.com\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

As the cryptocurrency landscape in the United States undergoes significant changes under Trump\u2019s second administration, Tether, the company behind the largest stablecoin, USDT, is considering launching a US-exclusive stablecoin. This potential move comes in response to ongoing discussions about regulatory frameworks for digital assets, which Tether\u2019s CEO, Paolo Ardoino, believes could encourage new entrants into […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21036","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21036"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21036\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}