Tether Crosses 160B USDT Minted as U.S. Regulation Looms

But as it expands, scrutiny is mounting over the company’s reserve practices and regulatory future in the United States. This […]

The post Tether Crosses 160B USDT Minted as U.S. Regulation Looms appeared first on Coindoo.

But as it expands, scrutiny is mounting over the company’s reserve practices and regulatory future in the United States.

This latest surge includes a fresh 2 billion tokens issued just today, capping a streak of aggressive minting that coincides with rumors of a potential IPO. Tether claims backing in U.S. Treasuries and gold, but critics point out that no full third-party audit has ever confirmed the reserves behind its ballooning supply.

Now, a new challenge is emerging: the GENIUS Act. If passed, the legislation could block USDT’s use in the U.S. and force Tether to undergo strict reserve audits—something it has historically avoided. While the company previously weathered EU regulatory pressure, losing access to the U.S. could be far more damaging.

   

 

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Despite its global reach, Tether’s uncertain regulatory standing continues to raise questions about its long-term role in the financial system. As U.S. lawmakers debate the future of stablecoins, the spotlight on Tether is only getting brighter.

The post Tether Crosses 160B USDT Minted as U.S. Regulation Looms appeared first on Coindoo.

 

Source: https://coindoo.com/tether-crosses-160b-usdt-minted-as-u-s-regulation-looms/

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