Tether has announced plans to introduce a US-regulated stablecoin named USA₮. The company has appointed Bo Hines, former executive director of the White House Crypto Committee, as the future CEO of Tether USA₮. The stablecoin will comply with the latest US stablecoin regulations under the GENIUS Act. Anchorage Digital will issue USA₮, with Cantor Fitzgerald managing the reserves, leveraging Tether's global distribution network.
Tether to Launch US-Regulated Stablecoin USA₮
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