Tether（USDT）计划在2025年底之前推出美国市场的新产品

首席执行官保罗·阿多利诺（Paolo Ardoino）在4月30日接受CNBC采访时说，世界上最大的Stablecoin发行人Tether计划在2025年底推出新产品。

Tether, the issuer of the world’s largest stablecoin, is planning to roll out a new product for the U.S. market by the end of 2025, CEO Paolo Ardoino said in an interview with CNBC on April 30.

首席执行官保罗·阿多利诺（Paolo Ardoino）在4月30日接受CNBC采访时说，世界上最大的Stablecoin发行人Tether计划在2025年底推出新产品。

The launch timeline depends on progress in U.S. legislation around stablecoins, Ardoino said.

Ardoino说，发射时间表取决于稳定币围绕美国立法的进展。

“We are just exporters of what we believe to be the best product the United States ever created—that is, the U.S. dollar,” he told the outlet.

他告诉The Outlet说：“我们只是我们认为是美国有史以来最好的产品的出口商，即美元。”

Tether’s flagship token, USDT, has a market capitalization nearing $150 billion and dominates the global stablecoin market with a 66% share.

Tether的旗舰令牌USDT的市值接近1500亿美元，并以66％的份额占据了全球Stablecoin市场。

However, USDT adoption in the U.S. remains limited compared to its competitor, Circle’s USDC, which gained traction domestically, especially following Donald Trump’s election win in November 2024.

但是，与其竞争对手Circle的USDC相比，美国的USDT采用仍然有限，该公司在国内获得了吸引力，尤其是在唐纳德·特朗普（Donald Trump）在2024年11月赢得选举之后。

Additionally, the company faced pressure over its lack of a full independent audit, a gap CEO Ardoino said they are working to close. The firm recently brought on Simon McWilliams as chief financial officer to push for an audit from one of the Big Four firms.

此外，该公司因缺乏全面的独立审核而面临压力，GAP首席执行官Ardoino表示，他们正在努力关闭。该公司最近将西蒙·麦克威廉姆斯（Simon McWilliams）担任首席财务官，以推动四大公司之一的一家审计。

Quarterly attestations from BDO Italia remain its current form of reporting.

BDO Italia的季度证明仍然是目前的报告形式。

USDT was originally created for use in underserved regions, such as rural areas in developing countries and small businesses outside Western financial systems, Ardoino said. He added that Tether is preparing a “different product” tailored for U.S. users.

Ardoino说，USDT最初是在服务不足的地区使用的，例如发展中国家的农村地区和西方金融系统以外的小型企业。他补充说，Tether正在准备为美国用户量身定制的“不同产品”。

Tether remains the most profitable stablecoin issuer, earning close to $14 billion in net income in 2024. The company generates revenue by accepting U.S. dollars in exchange for USDT, which it then invests in high-liquidity assets like U.S. Treasuries.

Tether仍然是最有利可图的Stablecoin发行人，在2024年赚取了近140亿美元的净收入。该公司通过接受美元以换取USDT而产生收入，然后它将其投资于美国国库等高流动性资产。

While USDC has gained ground in recent months, Nansen noted in an April 25 report that the stablecoin market remains highly concentrated.

虽然USDC近几个月来取得了基础，但Nansen在4月25日的报告中指出，Stablecoin市场仍然高度集中。

“Despite the potential dispersion in stables, we believe this is a ‘winner-takes-most’ market dynamic,” the report said.

报告说：“尽管马s上有潜在的散布，但我们认为这是'赢家最多的'市场动态。”

The move comes as the U.S. House and Senate debate two competing proposals: the STABLE Act and the GENIUS Act. Both seek to define how stablecoin issuers operate, hold reserves, and interact with financial institutions.

此举是因为美国众议院和参议院辩论两个相互竞争的提议：稳定的法案和天才法。两者都试图定义Stablecoin发行人如何运作，持有储备并与金融机构互动。

President Donald Trump urged lawmakers to pass a final version by August.

唐纳德·特朗普总统敦促立法者在八月之前通过最终版本。

Jeremy Allaire, co-founder of Circle, said he believes stablecoin issuers worldwide should be required to register with U.S. authorities, regardless of where they operate.

Circle的联合创始人Jeremy Allaire表示，他认为全球企业的发行人都必须在美国当局注册，无论他们在哪里运营。

Allaire argued that firms issuing U.S. dollar-pegged stablecoins, like Circle’s USD Coin, should not be allowed to bypass American regulations while still serving U.S. customers.

Allaire辩称，发行美元固定的Stablecoins（例如Circle的USD硬币）的公司不应被允许在仍在为美国客户服务的同时绕过美国法规。

Meanwhile, Tether is facing mounting pressure.

同时，系绳正面向安装压力。

Tether CEO Paolo Ardoino claimed that both competitors and political forces are actively working to push Tether out of the market. He accused rivals of prioritizing efforts to “kill Tether” over improving their own products.

Tether首席执行官Paolo Ardoino声称，竞争对手和政治力量都在积极努力将Tether推出市场。他指责竞争对手优先考虑“杀死Tether”而不是改善自己的产品。

Tether has already been excluded from the list of approved stablecoin issuers under the European Union’s Markets in Crypto-Assets (MiCA) framework. Major exchanges like Kraken and Crypto.com are preparing to delist USDT and other non-compliant stablecoins in the European market in the coming months.

系泰特（Tether）已经被排除在欧盟市场以加密资产（MICA）框架下的批准的Stablecoin发行人名单中排除在外。像Kraken和Crypto.com这样的主要交易所正在准备在未来几个月内在欧洲市场上为USDT和其他不合规的Stablecoins提供。