According to Crypto Rover, the newest version of the Genius Stablecoin Bill will bring Tether under US jurisdiction regardless of its operational base. This regulatory update, reported by Unchained on May 10, 2025, signals potential increased oversight and compliance requirements for Tether, the largest stablecoin by market cap. For crypto traders, this move may result in heightened transparency but could also introduce tighter controls on USDT issuance and redemption. Such regulatory shifts often impact liquidity, trading volumes, and the stability of USDT trading pairs across global exchanges. Active traders should closely monitor US policy developments, as similar actions could extend to other stablecoins and reshape the stablecoin landscape and arbitrage opportunities. (Source: Crypto Rover via Twitter, Unchained)