Tether CEO Commits USDT Compliance with US GENIUS Act
The post Tether CEO Commits USDT Compliance with US GENIUS Act appeared on BitcoinEthereumNews.com. Key Points: Tether’s commitment to US GENIUS Act compliance. The implications of the GENIUS Act on stablecoin issuers. The potential shift in market dynamics due to compliance efforts. Tether Faces US Compliance Hurdles with GENIUS Act President Donald Trump’s signing of the GENIUS Act necessitates that foreign stablecoin issuers such as Tether ensure compliance to operate in the U.S. market. Tether CEO Paolo Ardoino affirmed plans to adhere to these regulations. Tether Faces US Compliance Hurdles with GENIUS Act The GENIUS Act imposes stringent requirements on stablecoin issuers, impacting Tether’s USDT significantly. Ardoino’s commitment to compliance seeks to maintain Tether’s U.S. market presence. This marks a crucial point for Tether as regulatory scrutiny intensifies. Tether’s strategic adaptation involves complying with the GENIUS Act for USDT to operate legally in the U.S. CEO Paolo Ardoino announced plans for full compliance, aiming for audited reserve standards required by the Act. “Tether intends to comply with the GENIUS Act and create a US-based stablecoin, but also hopes that USDT will be approved by GENIUS.” — Paolo Ardoino, CEO, Tether (Coindesk) Market Dynamics Shift Amid Tether’s Regulatory Navigation Did you know? Amid increased regulatory focus, Tether’s commitment to reform aligns with past regulatory periods where non-compliant stablecoins, like during the European MiCA rollout, faced liquidity declines and delistings. Tether USDt (USDT) maintains a market cap of $160.92 billion, with a trading volume of $168.54 billion in 24 hours, despite experiencing minor price shifts. The token’s price stability contrasts with regulatory challenges it faces with the GENIUS Act demands. Tether USDt(USDT), daily chart, screenshot on CoinMarketCap at 00:42 UTC on July 19, 2025. Source: CoinMarketCap Expert analysis suggests Tether’s compliance efforts might require significant internal changes, potentially altering its competitive landscape. Historical data shows regulatory adjustments often shift market dynamics towards more transparent alternatives. DISCLAIMER: The…
The post Tether CEO Commits USDT Compliance with US GENIUS Act appeared on BitcoinEthereumNews.com.
Key Points: Tether’s commitment to US GENIUS Act compliance. The implications of the GENIUS Act on stablecoin issuers. The potential shift in market dynamics due to compliance efforts. Tether Faces US Compliance Hurdles with GENIUS Act President Donald Trump’s signing of the GENIUS Act necessitates that foreign stablecoin issuers such as Tether ensure compliance to operate in the U.S. market. Tether CEO Paolo Ardoino affirmed plans to adhere to these regulations. Tether Faces US Compliance Hurdles with GENIUS Act The GENIUS Act imposes stringent requirements on stablecoin issuers, impacting Tether’s USDT significantly. Ardoino’s commitment to compliance seeks to maintain Tether’s U.S. market presence. This marks a crucial point for Tether as regulatory scrutiny intensifies. Tether’s strategic adaptation involves complying with the GENIUS Act for USDT to operate legally in the U.S. CEO Paolo Ardoino announced plans for full compliance, aiming for audited reserve standards required by the Act. “Tether intends to comply with the GENIUS Act and create a US-based stablecoin, but also hopes that USDT will be approved by GENIUS.” — Paolo Ardoino, CEO, Tether (Coindesk) Market Dynamics Shift Amid Tether’s Regulatory Navigation Did you know? Amid increased regulatory focus, Tether’s commitment to reform aligns with past regulatory periods where non-compliant stablecoins, like during the European MiCA rollout, faced liquidity declines and delistings. Tether USDt (USDT) maintains a market cap of $160.92 billion, with a trading volume of $168.54 billion in 24 hours, despite experiencing minor price shifts. The token’s price stability contrasts with regulatory challenges it faces with the GENIUS Act demands. Tether USDt(USDT), daily chart, screenshot on CoinMarketCap at 00:42 UTC on July 19, 2025. Source: CoinMarketCap Expert analysis suggests Tether’s compliance efforts might require significant internal changes, potentially altering its competitive landscape. Historical data shows regulatory adjustments often shift market dynamics towards more transparent alternatives. DISCLAIMER: The…
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