Will Tether’s USDT Get Banned in the US When the GENIUS Act Becomes Law?

Once signed into law, the GENIUS Act will give stablecoin issuers 18 to 36 months to comply with its stipulations. If they fail, they will be banned from operating within the US market. Tether, the issuer of the world’s largest stablecoin USDT, has a difficult decision to make. Known for its lack of transparency and failure to publish regular audits, Tether can choose one of three options source: https://beincrypto.com/will-genius-act-ban-tether-usdt-stablecoin/