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phunghinh
@phunghinh
Tether eyes new US-based stablecoin for institutions as regulation advances Tether is considering launching a new U.S.-based stablecoin aimed specifically at institutional clients, CEO Paolo Ardoino told The Block. The move comes as U.S. lawmakers push forward legislation that could provide a clearer framework for stablecoin issuers. "The new legislation gives us the opportunity to explore the creation of a U.S.-based, institutional-grade stablecoin," Ardoino told The Block. "Unlike the stablecoins we've developed to support emerging markets and financial inclusion — such as in Africa — this would be tailored to meet the needs of large-scale, regulated institutions with very different infrastructure requirements."
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