Tether to Launch US-Focused Stablecoin in December

According to PANews, Tether CEO Paolo Ardoino announced plans to introduce a US-focused stablecoin, USAT, in December to comply with federal regulations. This new token will be issued by Tether America, a joint venture between Tether and the regulated U.S. cryptocurrency bank Anchorage Digital. Tether has invested in platforms like Rumble to expand its user base to 100 million Americans. Currently, Tether's USDT supply has reached $182 billion, maintaining its dominance in the stablecoin market, while the market size of Tether Gold has doubled this year.