#May Market Outlook


The largest stablecoin issuer Tether will launch a US dollar stablecoin for the American market.
In an interview with CNBC, Tether CEO Paolo Ardoino stated that the issuer will launch a new US "stable" coin by the end of 2025 or early 2026.
According to Aldoino, the new stablecoin will be different from USDT. Currently, Tether's main assets are primarily traded outside of the United States. The issuer aims to create another dollar "stable" coin that fully complies with the requirements of U.S. regulators.
The exact launch time depends on regulatory processes, including the review of the GENIUS Act. This Act outlines the control mechanisms and reserve requirements for issuers. Experts believe that the passage of this Act could greatly simplify the operations of crypto companies in the United States.
Aldo Inno emphasized that Tether is actively cooperating with law enforcement and authorities. According to a report by The New York Times, the company's CEO has met with lawmakers multiple times. The report noted that he may have influenced their views on stablecoins.
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