🪙Tether is preparing to launch its American stablecoin USAT — official announcement.

What this means for the market:

• strengthening the legalization of stablecoins in the USA and increasing trust from institutions;

• a new liquidity channel for exchanges, payments, and DeFi focusing on the American market;

• increased competition with stablecoins that are geared towards regulatory compliance.

In short: another step towards mainstream adoption and scaling crypto payments in the USA.