Tether’s last stand? GENIUS Act leaves USDT with 3 doors AND a ticking clock
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币界网报道：Tether faces mounting pressure as its USDT stablecoin grapples with regulatory scrutiny and market volatility. The company's recent strategic moves, including increased transparency reports and banking partnerships, aim to stabilize USDT's peg to the dollar. However, critics highlight lingering concerns over reserve backing and potential systemic risks. With competitors like USDC gaining traction, Tether must navigate three critical challenges: regulatory compliance, maintaining market dominance, and restoring full trust in its reserves. The clock is ticking as the stablecoin landscape evolves rapidly, leaving Tether at a pivotal crossroads for its future operations.
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