GENIUS Act Deadline Looms: USDT Faces Potential Delisting from US Platforms by 2028

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The GENIUS Act, a U.S. stablecoin regulation law, has passed its first anniversary without regulators completing the required rulemaking. Tether's USDT, a widely used stablecoin, now faces a roughly two-year window to comply with the forthcoming regulations. U.S. regulators have missed initial deadlines to draft the necessary rules, though full compliance is mandated by July 2028. If USDT fails to meet the regulatory requirements, it risks being removed from American cryptocurrency platforms. The situation puts pressure on Tether to align its operations with U.S. standards ahead of the deadline.

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