Tether Holdings SA, the issuer of the stablecoin USDT, is considering launching a United States-based stablecoin aimed at institutional clients.

This consideration arises as the company evaluates opportunities within a favorable regulatory environment in the US.

Paolo Ardoino, Tether’s CEO, mentioned potential regulatory changes, including a stablecoin bill advancing in Congress, as a significant factor influencing the company’s plans.

Ardoino said they await the final wording of the bill before making any decisions.

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