Tether Plans U.S.-Issued Stablecoin After Trump Signs GENIUS Act

With President Trump officially signing the GENIUS Act into law, the regulatory landscape for stablecoins in the U.S. has entered a new phase—prompting major reactions from the industry’s top players.

Tether, the issuer of USDT and the world’s largest stablecoin by market cap, announced it will pursue dual paths to enter the American market. CEO Paolo Ardoino confirmed the company will introduce a U.S.-issued stablecoin and also adapt USDT to operate within the law’s “foreign issuer” framework.

This development signals Tether’s most direct engagement with U.S. regulation to date. Ardoino emphasized that the company is aligning its operations with anti-money laundering protocols, conducting full audits, and following a multi-year compliance roadmap to strengthen trust. While USDT will retain its focus on global cross-border usage, the new domestic stablecoin aims to meet the needs of U.S. businesses and consumers under a regulated framework.

Meanwhile, Circle, the issuer of USDC, welcomed the GENIUS Act as affirmation of its long-standing compliance-driven approach. CEO Jeremy Allaire stated that the law validates Circle’s transparent model, which includes full reserve backing, public audits, and institutional-grade infrastructure.

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Both CEOs were present at the White House signing ceremony, though they did not interact publicly. Their attendance highlights the growing convergence between crypto finance and U.S. policy.

With the GENIUS Act now in effect, stablecoin competition in the U.S. is entering a new era—one shaped by compliance, transparency, and institutional backing.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.