Tether may need to sell assets like Bitcoin to align with new U.S. Regulations. With the STABLE Act requiring strict reserves, analysts from JPMorgan indicated that currently only 66% of Tether’s reserves are compliant, which is a concerning drop from previous levels.
Currently, Tether faces significant regulatory challenges due to its market dominance in the U.S., where it holds nearly 60% of the stablecoin market. Proposed regulations may enforce higher standards for transparency and reserve audits.
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