Tether's Strategic Move Towards a US-Only Stablecoin

In a groundbreaking interview with the Financial Times, Tether's CEO, Paolo Ardoino, revealed the company's consideration of introducing a stablecoin exclusively for the United States market. This move comes as part of ongoing discussions with the Trump administration, which regards the stablecoin ecosystem as a pivotal tool for the nation's financial infrastructure.

Ardoino emphasized the potential creation of a new token tailored for the US, depending on the regulatory outcomes. Currently, Tether boasts a staggering $144 billion in circulation, yet it notably excludes US customers from its services.