Tether Launches USA₮ Stablecoin, Appoints Bo Hines as CEO

TLDR Tether has announced the launch of its new dollar-backed stablecoin, USA₮. The USA₮ stablecoin will comply with the reserve requirements of the recently passed GENIUS bill. Tether’s Hadron platform will be used for real-world asset tokenization in the new stablecoin. Paolo Ardoino, CEO of Tether, emphasized the company’s commitment to the dominance of the [...]

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