The passage of the Genius Act in the U.S., expected in coming months, will further legitimize the stablecoin industry, the report said.

Tether has invested in fintech firm Fizen to help scale self-custody wallet technology and simplify stablecoin payments.

Tether confirms USDT’s integration with Bitcoin Lightning, citing privacy, speed, and decentralisation—a return to its original roots, says Ardoino.