Tether plans to launch a stablecoin limited to the U.S. market under new regulations

ChainCatcher news, according to CoinDesk, the issuer of the stablecoin USDT, Tether, may launch a new token specifically for the United States. Tether CEO Paolo Ardoino stated in an interview that the company has been involved in discussions regarding U.S. stablecoin regulations and may create a token solely for the U.S., depending on the progress of these discussions. Paolo Ardoino mentioned that the Trump administration viewed stablecoins as "an important tool for America," and if new rules are introduced to make U.S. stablecoins competitive, Tether may be interested in creating a "domestic" stablecoin, which would essentially be a "settlement currency."