GENIUS Act promotes expansion of Tether USA₮Stablecoin—Details
Source: CoinWorld
Time: 2025-09-14 01:10:17
Stablecoins are entering a new stage of growth. Tether introduced USA₮ through the GENIUS Act, issued by Anchorage Digital Bank and held by Cantor Fitzgerald as the custodian. Circle minted more than $677 million in USDC in three hours, marking liquidity expansion. Japan's target JPYC issuance reached 1 trillion yen, accounting for 2-3% of the global stablecoin supply, thanks to its growing adoption rate, with the current average daily number of addresses approaching 300,000.