Paolo Ardoino, Tether's chief, said his firm will come to the U.S., is chasing high-level auditing and will adjust reserves, but Jeremy Allaire said Circle is already compliant.

Tether plans to launch a U.S.-specific stablecoin under the new GENIUS Act, while Circle affirms its long-standing compliance.

Tether and Circle CEOs laid out their plans for the future after President Trump signed sweeping stablecoin legislation into law.

Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use.

Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto entanglements.

Tether hits $160B market cap milestone as US GENIUS act threatens stablecoin dominance through mandatory third-party audits.

However, Tether has never completed a full, independent audit. This remains a major red flag. The GENIUS Act now brings that issue back into the spotlight. The question now isn’t whether the U.S. wants transparency – it’s whether Tether can survive it. The GENIUS Act leaves Tether with three options.

The GENIUS Act prompted Ripple and Circle to apply for U.S. bank charters as Congress cleared new stablecoin regulations.