On July 18, 2025, Tether CEO Paolo Ardoino announced plans to register the USDT stablecoin in compliance with the newly-signed GENIUS Act, which aims to regulate foreign stablecoin issuers in the U.S. Ardoino stated that Tether is committed to making USDT compliant and may also develop a U.S.-specific stablecoin. The GENIUS Act imposes strict anti-money laundering regulations and audit requirements, which the company aims to meet within three years. Circle CEO Jeremy Allaire responded positively, asserting that Circle's established compliance will benefit from the act, differentiating itself from Tether's less transparent practices. While Tether and Circle compete fiercely, their leaders rarely interact, making the GENIUS signing at the White House a notable event. Ardoino mentioned potential use cases for USDT in American remittances to family overseas, while Allaire emphasized Circle's reputation for regulatory adherence in the evolving environment of digital currencies.

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