Altcoins News

Story: Will the GENIUS Act Push Tether’s USDT Out of the US Stablecoin Market

By Sakamoto Nashi

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What the GENIUS Act Demands. The GENIUS Act aims to establish robust guardrails for the stablecoin sector.

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Tether’s Troubled History With Transparency. Tether has long been criticized for its lack of transparency and resistance to full-scale…

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Tether’s Global Strategy: A US Exit Would Hurt. Tether’s dominant role in the global stablecoin market is undisputed.

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A Repeat of MiCA Withdrawal?. Tether’s recent decision to exit the European Union’s market after the MiCA regulatory framework…

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Tether’s Role in Enforcement and Cooperation. Despite its past controversies, Tether has improved its relationship with law enforcement in…

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Is Compromise Possible?. As the GENIUS Act heads toward finalization, there is still room for negotiation.

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The Stakes Are High. Should Tether choose to leave the U.S. market, it would lose access to a vast base of investors,…

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Conclusion. The GENIUS Act represents the most comprehensive attempt yet by U.S.

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The stablecoin landscape in the United States is heading toward a major regulatory shift with the upcoming implementation of the GENIUS Act.

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The GENIUS Act introduces strict transparency and compliance mandates that may force Tether to make a critical choice: align with new U.S.

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The GENIUS Act aims to establish robust guardrails for the stablecoin sector. Once finalized, it will give issuers 18 to 36 months to meet specific requirements, including full…

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Stablecoin providers that fail to meet these benchmarks will be prohibited from operating in the U.S. market.

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The legislation has already passed the Senate and is now under review in the House of Representatives, where lawmakers may negotiate adjustments before it becomes law.

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The settlement involved an $18.5 million fine and barred both companies from serving customers in New York.

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Under the new law, stablecoin issuers must adhere to detailed anti-money laundering (AML) and know-your-customer (KYC) policies.

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