Tether's CEO Says USDT Is Coming to America—And Circle’s CEO Isn’t Afraid
President Donald Trump signed the GENIUS Act into law, prompting Tether and Circle, the largest stablecoin issuers, to outline compliance plans. Tether's CEO, Paolo Ardoino, stated the company aims to ensure USDT complies with the new regulations for foreign issuers, which include anti-money laundering laws and audits. Tether plans to create a U.S.-specific stablecoin while also seeking approval for USDT under GENIUS. Ardoino emphasized the importance of compliance and the potential use of USDT for remittances by expatriates in the U.S. Circle's CEO, Jeremy Allaire, expressed confidence that the GENIUS Act would benefit his company due to its history of regulatory compliance and partnerships with top institutions. Both CEOs attended the signing ceremony but did not interact.
