Tether, a leading player in the cryptocurrency space, has reached a remarkable milestone by surpassing 500 million users. As enthusiastically stated in the publication, the company is preparing to launch a new US-compliant stablecoin named USDT to expand its market presence.
Introduction of New Stablecoin
The upcoming stablecoin aims to capitalize on a burgeoning market, with a supply approaching 182 billion. This initiative is part of Tether's broader strategy to enhance its offerings and cater to the growing demand for compliant digital assets in the United States.
Partnership with Anchorage Digital
In a bid to bolster regulatory compliance and market appeal, Tether has partnered with Anchorage Digital, a federally regulated crypto bank. This collaboration is expected to provide a solid foundation for the new stablecoin, ultimately positioning Tether for greater stability and fostering consumer confidence in the US market.
In a recent development, Moca Network partnered with SK Planet to launch the AIR Shop rewards platform in South Korea, enhancing Web3 adoption. This initiative contrasts with Tether's recent milestone of surpassing 500 million users. For more details, visit read more.
