Tether is eager to re-enter the US market after the 2021 retreat

The new report suggests that Tether is planning to re-enter the US market, which is attributed to more favorable crypto regulations in the country.

Tether CEO Paolo Aldoino Interview with Bloomberg On July 23, 2025, the company noted that it was making progress in its expansion strategy in the US following the signing of last week’s historic Stubcoin Act.

In an interview, Ardoino said, “We are working to establish a US domestic strategy. We focus on the US institutional market and provide efficient and stable not only for payments but also for interbank settlements and transactions.”

Analysts look forward to Genius Act (guiding and establishing national innovation for US stubcoins) to redefine global finance by opening the door for banks, payment networks and technology companies to issue stubcoins.

Tether takes a genius and returns to the United States, this time focusing on banks and interbank settlements. Circles are subject to real competition and banks get nervous. Stablecoins have entered the financial system forever.
Sitting on the bystander, you’re just an extra thing. 💸#tether #USDT #geniusact pic.twitter.com/5cjj7ozqd3

– Venorys (@venorys) July 24, 2025

2021, Regulators banned tethers From its US operations, the company has requested the New York State and the US Commodity Futures Trading Commission (CFTC) to pay a large $60 million fine to resolve false and misleading claims.

However, despite legal surveillance, Tether’s USDT continues to lead the global Stablecoin market with more than $162 billion in circulation, up 18% since its launch this year.

Explore: 9+ Best High Risk, High Reward Cryptographs for Buying in July 2025

Tether to stay focused on local markets outside of us

In an interview, Ardoino said that Tether, unlike Circle, has no plans to publish it. It has been published In June this year, inventory increased by more than 500%.

“In general, we’re not interested in becoming a public company,” he said. He added that the company will continue to focus on emerging markets, in addition to expanding in the US.

Ardoino explained that Tether’s global reach gives the company a competitive advantage. Powerful adoption of USDT In Latin America, Africa and Asia, it further strengthens the notion that the company has a better understanding of the local market than its US-based Stablecoin publisher.

a Report The issue was issued by Bloomberg on May 23, 2025, noted that most of Tether’s assets are in compliance with the new Stablecoin Bill, except for Bitcoin and secured loans.

Tethers have been scrutinized for a long time because they did not provide evidence of reserves. However, during the interview, when asked about the same thing, Aldoino responded proactively, explaining that Tether had been in contact with the auditing company recently.

Big Four accounting firms do not audit company reserves, but BDO Italia Spa, the Italian branch of BDO Global, signs off to Tether’s quarterly proof. According to that Latest Proof Released in March 2025, Tether has acquired total assets worth $14.928 billion against Fiat Backed Stablecoin Holdings’ $14.36 billion liabilities.

Explore: Top 20 Cryptography to Buy in July 2025

A US-centric coin that will be released soon?

I’ll talk to you Published Last week, consistent with President Trump’s signature on the Genius Act, Aldoino confirmed Tether’s commitment to complying with the new bill and announced plans to meet foreign issuers standards. He also confirmed that Tether will run two separate versions of Stablecoins.

Ardoino said: “Institutions are used in a very efficient market and count single base points. Therefore, we need to build something suitable for this new market. Products built for these institutions “focus on payments and high, high efficiency.”

The company believes that US-centric coins serve a different purpose than USDT, which is widely distributed. However, the coin is still in the pipeline and the release date is not visible.

Explore: Best New Cryptocurrencies to Invest in 2025