USDT faces a countdown to US regulatory compliance, Tether may need to complete adjustments within two years

Odaily Odaily reports, one year after the enactment of the US "GENIUS Act", Tether's stablecoin USDT faces a compliance adjustment window of approximately two years. If it fails to meet US stablecoin regulatory requirements in the future, USDT may risk being unable to continue trading on crypto platforms in the United States.

The GENIUS Act requires stablecoin issuers to maintain fully backed reserves, primarily allocated to highly liquid assets such as cash and US Treasuries. Tether's latest reserve disclosure shows that USDT reserves still include some assets allocated to precious metals, lending assets, and Bitcoin, which may not meet the requirements of the new regulations. (Coindesk)