Tether startet US Stablecoin, ernennt den ehemaligen Trump Crypto Guru Bo Hines zum CEO der amerikanischen Expansion

tldr; Tether, a major stablecoin issuer, has launched a U.S.-compliant stablecoin called USAT, marking a significant shift for the company. The move follows the passage of the Genius Act, which sets regulatory standards for stablecoins. Tether has partnered with Anchorage Digital and Cantor Fitzgerald for the project, and appointed former Trump crypto advisor Bo Hines as CEO of its U.S. expansion. Despite past controversies, Tether aims to leverage its market dominance to expand in the U.S., focusing on remittances, payments, and online checkouts.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

So basically, USDT cannot be unf*cked from a compliance standpoint