Tether’s U.S. Stablecoin Expected to Debut Later This Year or Early Next Year

Tether, the issuer of the $148 billion stablecoin USDT, has revealed its intentions to introduce a new stablecoin specifically targeting the U.S. market by late 2025 or early 2026, contingent upon the progress of stablecoin regulations in the country, according to CEO Paolo Ardoino’s comments during a CNBC interview.

“The launch timeframe is closely linked to the finalization of stablecoin legislation, but we anticipate a possible rollout by the end of this year or, at the latest, early next year,” he explained.

Ardoino emphasized that USDT primarily serves users in developing regions with restricted access to U.S. dollars, whereas the forthcoming stablecoin will be designed as a distinct financial product.

“In the U.S. market, we aim to create a payment solution for institutions, establishing a competitive option alongside platforms like PayPal’s CashApp,” he stated.

Plans for Tether’s U.S.-focused stablecoin underscore the company’s expanding influence in the American landscape, particularly as the potential return of Donald Trump to the White House appears to reduce regulatory scrutiny of crypto enterprises.

Earlier this year, Ardoino embarked on a tour across the United States, engaging in interviews and participating in events, including a conference hosted by Wall Street firm Cantor Fitzgerald. Cantor oversees Tether’s extensive U.S. Treasury investments exceeding $100 billion, with its former CEO now serving in the Trump administration as Secretary of Commerce.

The stablecoin sector is experiencing heightened competition as federal efforts in the U.S. advance toward comprehensive regulation. This presents a major growth opportunity, with projections from Citi suggesting the market could expand to trillions of dollars by the decade’s conclusion.

Rival entity Circle, which issues the $62 billion USDC token, recently revealed plans to develop a network for cross-border payments and remittances.