Tether is moving deeper into the U.S. market with a new stablecoin, crypto stocks are stealing spotlight with strong debuts and rallies, and all eyes are on the Fed meeting next week, because expectations are building fast.

Tether announced USAT, a fully-regulated stablecoin aimed at U.S. users, scheduled to launch by year-end. It will comply with recent crypto rules and operate with transparent, asset-backed reserves. Senior leadership (Bo Hines) will lead the new project from Charlotte, North Carolina. This is Tether’s bid to reclaim regulatory legitimacy and compete more directly with stablecoin rivals.

Gemini Space Station’s stock opened well above its IPO price, giving massive gains early and pushing high investor demand. Meanwhile, Figure Technology’s debut was a smash: it raised hundreds of millions and got valued in the multi-billions. These IPOs are signs that appetite remains strong for companies tied closely to crypto infrastructure, even as speculation wanes.

Stocks pushed higher, S&P 500, Nasdaq near new highs, on weak jobs data, easing inflation signals, and expectations that the Fed will deliver a rate cut next week. Oil prices slid slightly on demand concerns, while gold held steady. Overseas, Asian markets rallied on the same rate-cut optimism.

Today leaned on confidence: regulators, crypto firms, and investors all signaling an inflection point. USAT shows compliance can still move the needle. IPOs like Gemini and Figure are proving crypto integration isn’t just buzz, it’s happening. With the Fed meeting almost here, markets seem hungrier than ever for clarity.