📢 Gate广场 #MBG任务挑战# 发帖赢大奖活动火热开启!
想要瓜分1,000枚MBG?现在就来参与,展示你的洞察与实操,成为MBG推广达人!
💰️ 本期将评选出20位优质发帖用户,每人可轻松获得50枚MBG!
如何参与:
1️⃣ 调研MBG项目
对MBG的基本面、社区治理、发展目标、代币经济模型等方面进行研究,分享你对项目的深度研究。
2️⃣ 参与并分享真实体验
参与MBG相关活动(包括CandyDrop、Launchpool或现货交易),并晒出你的参与截图、收益图或实用教程。可以是收益展示、简明易懂的新手攻略、小窍门,也可以是现货行情点位分析,内容详实优先。
3️⃣ 鼓励带新互动
如果你的帖子吸引到他人参与活动,或者有好友评论“已参与/已交易”,将大幅提升你的获奖概率!
MBG热门活动(帖文需附下列活动链接):
Gate第287期Launchpool:MBG — 质押ETH、MBG即可免费瓜分112,500 MBG,每小时领取奖励!参与攻略见公告:https://www.gate.com/announcements/article/46230
Gate CandyDrop第55期:CandyDrop x MBG — 通过首次交易、交易MBG、邀请好友注册交易即可分187,500 MBG!参与攻略见公告:https://www.gate.com/announcements
Tether to Launch USDC Rival Local U.S. Stablecoin, Circle Responds
Tether CEO shared plans to launch a US-specific stablecoin, as well as making USDT fully compliant under the GENIUS Act. Meanwhile, Circle reaffirmed its fully compliant ecosystem as it anticipated the full implementation of the new law.
Advertisement Advertisement
Tether’s USDT to Enter U.S. Market Alongside New Local Coin
Tether CEO Paolo Ardoino confirmed that the company will take a dual-track approach. They will launch a dedicated U.S.-based stablecoin while also aligning USDT with the GENIUS Act’s “foreign issuer” pathway. The move marks Tether’s first official commitment to direct U.S. market participation under the new regulatory framework.
Ardoino said Tether’s strategy aims to meet strict anti-money laundering requirements and finally complete full audits of its reserves. He emphasized that the company has a three-year timeline to achieve this and will approach it with precision and dedication.
While USDT is currently issued in El Salvador, the GENIUS Act provides a route for foreign stablecoins to operate legally in the U.S. Ardoino added that USDT may primarily serve cross-border remittances. In contrast, the planned U.S.-based stablecoin would target domestic users directly.
The stablecoin competition in US is rising as regulations become more and more favorable under Trump administration.
The GENIUS Act creates the first federal rules for stablecoins in the U.S. It requires that stablecoins have full reserves and provide clear information. Critics claim that Tether, which has $156 billion in circulation and accounts for approximately two-thirds of the global stablecoin market, may struggle to meet these rules. This concern arises from its past of providing only partial reports and its use of a mix of bitcoin and precious metals in its reserves.
Yet Ardoino insisted Tether isn’t going anywhere. At the White House signing, he posted on X, expressing pride in Tether’s 160 billion USDT issued worldwide and optimism about the U.S. market
Advertisement Advertisement
Circle Leans Into Compliance as GENIUS Act Reshapes Stablecoin Market
Circle, which issues USDC, appears unfazed by Tether’s expanded plans Jeremy Allaire, Circle CEO, welcomed GENIUS Act as validation of Circle’s long-standing strategy to operate transparently under U.S. regulations.
Allaire underlined that significant organisations around the world have come to trust Circle’s model, which is based on rigorous reserve procedures and public audits. He pointed out that Circle has established trust with leading institutions, and that the GENIUS Act will only make that stronger.
Notably, the GENIUS Act is generally viewed as supporting Circle’s long-standing marketing of USDC as the safer, fully regulated substitute for Tether. Circle has mostly already complied with the act’s requirements that issuers support stablecoins with cash or short-term Treasuries and submit to yearly audits.
The crypto bill could spark a wave of audits, prompting foreign and domestic issuers to meet higher standards. For Tether, launching a U.S.-specific stablecoin and bringing USDT into compliance represents both a challenge and an opportunity. For Circle, the law is seen as confirmation of its compliance-first approach.
Advertisement
✓ Share:
