TechFlow, July 19 — According to Decrypt, after President Trump signed the GENIUS Act, Tether CEO Paolo Ardoino stated the company will fully ensure its flagship stablecoin USDT complies with the requirements set by the GENIUS Act for foreign-issued stablecoin providers, allowing it to be traded in the U.S. market. In addition, Tether still plans to launch a separate stablecoin specifically for the U.S. market that will coexist with USDT to serve different customer needs—for example, USDT might primarily support international remittances within the U.S.
The GENIUS Act requires foreign issuers to comply with strict anti-money laundering laws and undergo complex reserve audits. USDT is currently issued by Tether in El Salvador, and the company plans to complete rigorous anti-money laundering compliance and full audits within the next three years (though full audits have not yet been completed).
