Express

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.

Last Update:

Tags:
Link: Tether Returns to US Market, Aims to Become Leading Stablecoin Issuer   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 6 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 13 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 17 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 19 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 24 days ago
  • You need to login to comment.