The stablecoin behemoth is benefiting from the easing of crypto regulations in the world’s fourth-largest country by landmass.
Despite numerous roadblocks, the company says its main priorities remain growth, expansion, and cooperation.
The Road Ahead
In a July 23rd interview with Bloomberg, the CEO of the company, Paolo Ardoino, shared his plans for broading within US soil, after the most recently passed stablecoin regulation, The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.
The goal is to provide a regulated product specifically designed for institutional use, including trading infrastructure, bank settlements, and payments, suggesting that a US-specific stablecoin may be in development.
“We are well in progress of establishing our U.S. domestic strategy,” Ardoino noted in the interview.
“It’s going to be focused on the U.S. institutional markets, providing an efficient stablecoin for payments but also for interbank settlements and trading.
We współpracy z: https://cryptopotato.com/tether-eyes-us-expansion-as-new-stablecoin-rules-take-shape/
