Tether CEO: Regulated by the United States, the stablecoin USAT is set to launch by the end of the year

BlockBeats News, September 13, FOX Business reporter Eleanor Terrett posted on social media that the team behind USAT consists of: Bo Hines as CEO, Nathan McCauley (from Anchorage) as the issuer, and Brandon Lutnick (Cantor's official chairman) overseeing the token reserve.

Tether CEO Paolo Ardoino stated that the goal is to launch a U.S.-based stablecoin called USAT by the end of this year, which will be regulated in the United States under the GENIUS Act. Hines also revealed that the company's new U.S. headquarters will be located in Charlotte, North Carolina.