Tether plans to launch a new stablecoin product in the US as early as this year

Tether CEO Paul Ardoino stated in an interview with CNBC on April 30 that Tether plans to launch a stablecoin product in the United States as early as this year, with the specific timing depending on the progress of U.S. lawmakers on stablecoin legislation. He described Tether's USDT as "the best product the U.S. has ever had"—the "largest exporter" of the dollar, with a current market value close to $150 billion, accounting for about 66% of the stablecoin market share. Ardoino emphasized that Tether is actively cooperating with law enforcement agencies to demonstrate the benefits of USDT to the U.S. economy.