Tether returns to the United States, aiming to replicate its overseas success

Jinse Finance reported that Tether, the world's largest stablecoin issuer, announced on Tuesday that the company is returning to the US market and aims to become the dominant stablecoin issuer in the country. Bo Hines, Tether's Digital Assets and US Strategy Advisor, stated that Tether's goal in re-entering the US market is to replicate the success it has achieved overseas. Tether's flagship token, USDT (Tether), is the world's largest stablecoin with a supply of $171 billions, mainly backed by US Treasury bonds.