Tether Keen To Re-Enter US Market After 2021 Retreat
New reports suggest that Tether is planning to re-enter the US market, driven by more favourable crypto regulations in the country. Paolo Ardoino, Tether’s CEO, in an interview with Bloomberg on 23 July 2025, pointed out that the company is making progress in its US expansion strategy following the signing of the historic stablecoin legislation.. The post Tether Keen To Re-Enter US Market After 2021 Retreat appeared first on 99Bitcoins.
New reports suggest that Tether is planning to re-enter the US market, driven by more favourable crypto regulations in the country.
Paolo Ardoino, Tether’s CEO, in an interview with Bloomberg on 23 July 2025, pointed out that the company is making progress in its US expansion strategy following the signing of the historic stablecoin legislation last week.
During his interview, Ardoino stated, “We are well in progress of establishing our US domestic strategy. It’s going to be focused on the US institutional markets, providing an efficient stablecoin for payments but also for interbank settlements and trading.”
Analysts expect the GENIUS ACT (Guiding and Establishing National Innovation for U.S. Stablecoins) to redefine global finance by opening the doors for banks, payment networks and technology firms to issue their stablecoins.
Tether returns to the US, riding the GENIUS Act, this time eyeing banks and interbank settlements. Circle gets real competition, banks get nervous. Stablecoins have entered the financial system for good.
Sit on the sidelines, and you're just an extra.![]()
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