Tether's USDT faces removal from US platforms by July 2028 under GENIUS Act

The GENIUS Act has passed its first anniversary without U.S. regulators meeting key deadlines to draft stablecoin rules. Full regulations are set to be in effect by July 2028, giving Tether a roughly two-year window to comply or risk losing its foothold on American crypto platforms. The deadline creates significant uncertainty for USDT, the world's largest stablecoin by market cap.

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🪙 Crypto GENIUS Act turns one: stablecoin law's first year assessed CoinDesk · 4d ago 🪙 Crypto Bolivia adopts USDT amid dollar shortage as Bitcoin miners' AI plans face investor scrutiny Cointelegraph · 6d ago 🪙 Crypto USDT vs USDC: Tether leads on liquidity, Circle on transparency and audits The Block · 7d ago