Tether is launching USAT, a compliant stablecoin for the U.S. market, in an attempt to shed its "shadow dollar" gray image and formally enter the U.S. regulatory system. This strategy advances on three fronts: * The Political Card: Appointing former White House advisor Bo Hines as CEO of USAT, leveraging his policy experience to strengthen communication with regulators. * The Asset Card: Partnering with Wall Street primary dealer Cantor Fitzgerald to ensure USAT reserves are primarily backed ...

Tether is launching USAT, a compliant stablecoin for the U.S. market, in an attempt to shed its "shadow dollar" gray image and formally enter the U.S. regulatory system. This strategy advances on three fronts: * The Political Card: Appointing former White House advisor Bo Hines as CEO of USAT, leveraging his policy experience to strengthen communication with regulators. * The Asset Card: Partnering with Wall Street primary dealer Cantor Fitzgerald to ensure USAT reserves are primarily backed ...