Tether plans to issue a new US dollar stablecoin as early as this year in the United States.

2025-05-02 12:01:16

According to CNBC, Tether plans to issue a new USD stablecoin in the US as early as this year, which will be distinguished from the existing international version of USDT, with the issuance timeline depending on the progress of relevant legislation. Tether previously reached a settlement of $18.5 million with the New York Attorney General over reserve issues and is currently emphasizing its close cooperation with US law enforcement. The latest report indicates that its US Treasury reserves have reached $120 billion, managed by Cantor Fitzgerald.

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GateUser-ef486ee6

· 2025-05-02 12:05

According to CNBC, Tether plans to issue a new USD stablecoin in the United States as early as this year, which will be distinct from the existing international version of USDT, with the issuance timing depending on the progress of relevant legislation. Tether previously reached a $18.5 million settlement with the New York Attorney General over reserve issues and is currently emphasizing that it is closely cooperating with U.S. law enforcement. The latest report indicates that its U.S. Treasury reserve has reached $120 billion, managed by Cantor Fitzgerald.

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