Tether debuts USAT stablecoin to support US digital financial infrastructure

Tether has launched USAT, a new US-regulated, dollar-backed stablecoin specifically created to align with the federal stablecoin framework introduced by the GENIUS Act. The token is issued by Anchorage Digital Bank, the first federally regulated stablecoin issuer in the US, led by CEO Bo Hines. Tether CEO Paolo Ardoino stated that USAT offers institutions an American-produced, dollar-backed token choice, complementing USDT by providing a federally compliant solution for US users. USAT emphasizes stability, transparency, and institutional-grade compliance, with Cantor Fitzgerald overseeing its reserves. The stablecoin is now available on major exchanges like Kraken and OKX, aiming to reinforce the US dollar's role in the digital economy through regulated, utility-driven commerce.

(Source：Crypto Briefing)