Tether US Stablecoin is released, Trump appoints former Crypto Guru Bo Hines as CEO of American expansion

To launch USAT, Tether carried out Anchorage Digital, one of the largest encryption secretaries he has a description Its ability to issue Stablecoins is compatible with Genius– Newly has issued legislation in the United States that creates handrails for the issuance and management of Stablecoins. The Cantor Fitzgerarald partner will be a guardian to keep the new Stablecoin reserves.

Tether’s decision to launch the American Stablecoin reflects the changing giant’s wealth, which is calculated by the Minister of Commerce Howard Lottenic as one of its major defenders. At Friday’s event, the company announced that the best senior responsible for encrypting the White House Bo Heinz It will serve as the project CEO.

“We have been subjected to severe pressure from competitors who wanted to create a monopolistic environment in the United States,” said Tether Paolo Ardoino. “The big mistake there was simply deducting the fact that we believe that Tether is the best product on the market.”

Tether hosted from senior politicians, from Who’s from Congress and encryption at Friday’s event: US representatives of the Ryan Steel (R-Wis) and the Adison McDowell partner (RN.C), along with the senior Chebntain heads of Capitalists, attended the partners of multiple capital management.

Tether ascending

Tether was founded in 2014, which is the source of the name Stablecoin, or a type of cryptocurrency that is linked alone with one of the basic assets, is usually the US dollar. With the growth of encryption dependence and price Bitcoin It has risen, USDT has become the largest Stablecoin in Crypto and one of the widely encrypted currencies, with the maximum market today about $ 170 billion. Thanks to its young employees under the age of $ 300 and billions of dollars gained from the return of their property, Tether is also one of the most profitable companies in the world for every employee, according to their uninterrupted financial data.

But despite its success, the secret company was a shocking cash rod. This includes the unusual method that was able to manage the reserves that belong to Stablecoin, as well as the role of Stablecoin in global illegal financing, as it is It has been used For illegal activities from terrorism to money laundering. Tether strongly rejected these claims, although it was a target for various law enforcement procedures, including settlement with the public prosecutor in New York and an investigation by the US Department of Justice.

Its decision to launch Stablecoin, compatible with the United States, comes after Congress approved the Genius Act in July, which paved the way for new competitors, from banks to a group of new startups, to launch their distinctive symbols. For Tether, which is largely used outside the United States, this step raises questions about the benefit of its new American offer and the traction type you will achieve.

Nevertheless, this step reflects the increasing Tether effect in the United States with the Trump administration. Lootnick became a fan of the company after he started his financial company, Cantor Fitzgerald, Management The largest part of its reserves. In August, tension I rented Former former Po Book Heinz’s former senior leaders to lead the expansion of the United States. They raised him to the CEO on Friday.

The main Tether feature is that its huge trench, with the largest Stablecoin, USDC, is largely backward with the maximum market only $ 72 billion. But with the creation of a genius law for a path that approves traditional financial institutions to enter the market, potential users will have a wealth of options to be chosen. Some offers began to experience the return of the return to its users, although the genius law prohibits exporters such as Tether from sharing interest profits with customers.

On the newly launched Tether website for US Stablecoin, USAT, the company said that major use will be for universal transfers, payments and online exit requests. Hinz, who plans to create a USAT headquarters in Charlotte, North Carolina said

He said, “We want to control that, but we want to do so in the United States.”

Update, September 12, 2025: I provided more details from the Tether event on Friday.

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