Tether is shifting its focus to international markets as U.S. Regulations are debated. Paolo Ardoino, CEO, emphasizes the company’s interest in regions outside the U.S. While planning compliance with proposed regulations through the Genius Act.
As of now, Tether’s USDT stablecoin holds a significant share of the stablecoin market, supporting approximately 420 million users globally. This indicates the token’s deep integration into emerging financial systems, reflecting its strategic advantage.
In light of the competitive landscape, Tether is considering a fully compliant stablecoin and aims for a Big Four audit to enhance credibility. The CEO remains confident that traditional banking competition will not diminish Tether’s core operations.
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