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Stablecoin continues to diffuse into markets

Tether Reported Over $1B Operating Profit For Q1 2025

Stablecoin continues to diffuse into markets:

Tether, the company behind the world’s largest U.S. dollar-pegged stablecoin, has unveiled a new token designed for institutional transactions. While the USAT token will be available worldwide, it will be regulated in the U.S. under the GENIUS Act, which was signed into law in July. The USAT launch comes amid a boom in stablecoins, which are expected to play an increasing role in interbank payments and settlements. A recent report by Goldman Sachs projected the stablecoin market to grow from about $270 billion to trillions - LinkedIn News