Tether’s last stand? Genius Act leaves USDT with 3 doors and a ticking clock

The U.S. GENIUS Act now mandates Tether to meet strict compliance measures, such as full audits and AML/KYC implementations. Tether can choose to adapt to new laws, exit the U.S. Market, or develop a new stablecoin, all while facing an 18-36 month deadline.

Despite Tether’s 62% stablecoin market share, competitors like USDC are poised to capitalize on Tether’s challenges. However, shifts in market dominance are not expected to occur rapidly, as current dynamics remain stable.