Tether Shakes Up Stablecoin Market, Unveils New U.S.-Based Rival ‘USAT’
Tether, the corporate behind the world’s most generally used stablecoin, has introduced plans to launch USA₮, a U.S.-regulated, dollar-backed token to strengthen the function of the U.S. greenback in digital markets. Alongside the revealing, Tether named Bo Hines, the previous Executive Director of the White House Crypto Council, because the incoming CEO of Tether USA₮….
