Tether, the company behind the leading stablecoin USDT, is contemplating the launch of a new token specifically targeting the U.S. market. This consideration arises from ongoing discussions regarding U.S. regulations on stablecoins.

Paolo Ardoino remarked that the company is actively involved in these discussions, stating that should new regulations favor competitive stablecoins, Tether might be inclined to roll out a domestic version that would function similarly to a settlement currency. He mentioned that the Trump administration recognizes stablecoins as an essential component of the U.S. financial landscape.

Regulatory measures currently under review by the Trump administration may impose requirements on foreign stablecoin issuers to adhere to U.S. laws.

“Make [U.S.] stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin.”

Ardoino added the importance of these evolving regulations for the functionality and acceptance of stablecoins. Tether has yet to provide further comments on this potential initiative.