Tether returns to the US market with the goal of becoming the dominant stablecoin issuer

According to ChainCatcher, Tether executives said the company is returning to the U.S. market and striving to become the country's dominant stablecoin issuer. Bo Hines, a digital asset and U.S. strategy adviser at Tether, said the goal of returning to the U.S. market is to replicate its success overseas. Tether's flagship token, USDT, is the world's largest stablecoin with a supply of $171 billion, mainly supported by U.S. Treasury bonds.