Tether Launches New US Stablecoin USAt: A Secure Solution for the US

Tether Launches New US Stablecoin USAt: A Secure Solution for the US

Tether, the world’s largest stablecoin issuer, has launched a new stablecoin, USAt, specifically designed for the US market. This US dollar-backed cryptocurrency token is created in partnership with Anchorage Digital Bank and Cantor Fitzgerald’s reserves, ensuring its security and transparency.

USAt is the first stablecoin under the US GENIUS Act, which will govern the regulation of payment stablecoins in the US from July 2025. It has been officially launched on major exchanges such as Bybit, Crypto.com, Kraken, OKX or MoonPay and is available to users in the US.

The token is based on the Ethereum blockchain as an ERC-20 with an initial issuance of $10 million. Tether describes it as a “federally regulated, dollar-backed stablecoin” designed to meet the strict requirements of US institutions. The reserves are managed by Cantor Fitzgerald, ensuring trust and transparency.

Tether CEO Paolo Ardoino said that USAt is expanding its stablecoin offering with a focus on security and compliance with federal regulations. “This move strengthens trust in the digital dollar and allows institutions to leverage a stablecoin token backed by the dollar, developed in the United States,” Ardoino said.

With this move, Tether reaffirms its leadership in stablecoins and supports innovation in the U.S. financial system. USAt is another step in strengthening trust and transparency in digital currencies domestically.

*This is not an investment recommendation.

The Coingarage Team