Tether registered 4 trademarks in Russia, showing their active pursuit of global expansion. As the leader of the stablecoin market, USDT has a market capitalization of over $95 billion, which demonstrates the market’s trust and demand for USDT.
With the booming cryptocurrency market, Tether successfully registered a trademark in Russia and gained legal status. This will increase the visibility and recognition of USDT and lay the foundation for Tether's expansion in the Russian market.
As a representative of stablecoins, USDT’s substantial growth in market value reflects the strong market demand for stablecoins. Stablecoins play an important role in the cryptocurrency market and are used in various trading and investment activities to provide investors with a relatively stable store of value. The success of USDT has also inspired other stablecoin issuers to seek innovation and development to provide more diversified stablecoin options.
Although USDT’s market share continues to expand, investors still need to remain cautious about the risks of stablecoin investment. The value of the stablecoin is linked to the value of the underlying asset. If the value of the underlying asset fluctuates significantly, the value of the stablecoin may be affected. In addition, changes in regulatory policies may also have an impact on the stablecoin market. Therefore, investors should fully understand the related risks and make informed decisions before investing in stablecoins.
The Russian Federal Intellectual Property Office announced on January 15 that Tether had submitted four trademark registration applications to the Russian authorities on January 12. Currently, these four trademark applications are waiting for approval. The specific numbers are as follows:
Alloy by Tether(2024701810)
AUSDT(2024701812)
Tether Alloy(2024701813)
Tether USDT(2024701814)
According to a report by the Russian local media "Fork Log", Andrei Tugarin, the founder of GMT Legal law firm, said This explanation states that trademark registration occurs when a copyright owner plans to do business in a specific jurisdiction: this does not mean that Tether itself will necessarily have a presence in Russia, perhaps Tether will open a branch here , they will use these trademarks. Trademark registration is for security reasons, and submitting a registration application is intended to avoid possible dishonest behavior in the future.
At the same time, Andrei Tugarin also stated that trademark registration gives the trademark owner the exclusive right to use the trademark in a specific jurisdiction: Tether will be able to prohibit other entities within the Russian Federation from using any similar names. : Any other trademark that sounds similar, is graphically similar, or is in some way related to the Tether trademark will be banned, and violators will be subject to a fine of up to 5 million rubles.
On the other hand, according to CoinGecko data, USDT’s current market value has exceeded 95 billion US dollars, setting a new record high, with a growth of over 43% in one year, and is stable. Coin dragon head throne.
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