Tether's USDT hits 2-year countdown threatening its position on U.S. crypto platforms
CoinDesk·
60-second summary
Tether's USDT is approaching a 2-year countdown to potential delisting from U.S. crypto platforms. The GENIUS Act, which requires stablecoin regulations, has reached its first anniversary without U.S. regulators meeting deadlines. Despite this, rules will be in full effect by July 2028, potentially forcing USDT to comply or risk delisting, impacting its market share and stability.
The GENIUS Act has hit its first anniversary without U.S. regulators yet meeting deadlines to write regulations, though rules will be in full effect by July 2028.