Bo Hines Says Tether’s Stablecoins to Align With GENIUS Act Rules

Core Insights - Tether, the largest stablecoin issuer, will comply with the US GENIUS Act, affecting both USDT and the newly launched USAT stablecoin [1][2][3] Group 1: Regulatory Compliance - Tether's US Operations Lead, Bo Hines, confirmed that both USDT and USAT will meet compliance standards set by the GENIUS Act [2] - The GENIUS Act includes a reciprocity clause, allowing stablecoin issuers from countries with similar regulatory frameworks to distribute stablecoins in the US [5] Group 2: Strategic Positioning - The launch of USAT is a response to the GENIUS Act, with speculation that USAT is intended for US use while USDT remains for international markets [3][4] - Tether aims to strengthen its relationship with US financial institutions and regulators through compliance with the GENIUS Act [2] Group 3: International Regulatory Influence - Hines encouraged other countries, including South Korea, to adopt the US regulatory model, highlighting the strength of the US framework [6]