Tether (USDT) positive on new US regulation on stablecoin
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A new bill on stablecoin was introduced in the US Congress, which was positively received by Tether (USDT). According to Tether, the issuer of the world’s leading stablecoin (USDT), regulation of stablecoins could provide clarity and benefit the digital token economy. The US stablecoin bill and the reaction of Tether (USDT) The bill was released Friday, and its explicit goal is precisely to provide requirements for stablecoin issuers. Currently there are no specific laws in the US regulating the issuance of dollar-collateralized stablecoins, and this in effect creates a regulatory vacuum that generates uncertainty. The proposal aims to fill this
Tether expands in Asia, launching the new native distribution of the stablecoin USDT on Kaia Blockchain. Supporting this initiative is also LINE NEXT, the company of LINE dedicated to the development and expansion of the Web3 ecosystem. Tether expands in Asia: the stablecoin USDT is now available on Kaia Blockchain…