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Tether Returns to US Market, Aims to Become Leading Stablecoin Issuer

Summary: According to Jinshi News, executives from Tether, the world's largest stablecoin issuer, have stated that the company is returning to the US market with the goal of becoming the dominant stablecoin issuer in the country. Bo Hines, Tether's digital asset and US strategic advisor, mentioned that the objective of re-entering the US market is to ...

According to Jinshi News, executives from Tether, the world's largest stablecoin issuer, have stated that the company is returning to the US market with the goal of becoming the dominant stablecoin issuer in the country. Bo Hines, Tether's digital asset and US strategic advisor, mentioned that the objective of re-entering the US market is to replicate the success achieved overseas. Tether's flagship token USDT is the largest stablecoin globally, with a supply of $171 billion, primarily backed by US Treasury bonds.

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