Tether’s USA₮: A New Dollar-Pegged Circus Act for the Regulated Ringmaster

This token, a creature of the GENIUS Act (a title that doth protest too much, methinks), is designed to waltz gracefully through the newly minted federal stablecoin framework. How quaint, that Tether, once a fugitive from the prying eyes of regulators, now seeks to embrace the very rules it once fled. The irony is as rich as the reserves they once misrepresented-or so the New York Attorney General would have us believe.



