NewsBTC
Sep 17, 2025
11 6

Tether Announces Launch of New US-Compliant Stablecoin $USAT

Tether, the issuer of USDT, plans to introduce a new dollar-backed stablecoin, $USAT, in the U.S. market.

Regulatory Compliance

  • $USAT will comply with the GENIUS Act, which mandates backing by liquid U.S. dollar assets, monthly transparency into reserves, and regular audits.
  • Anchorage Digital Bank will issue the stablecoin, ensuring regulatory adherence.

Launch event for USAT

Leadership and Market Strategy

  • Bo Hines, formerly of the White House Crypto Council, is appointed to lead the $USAT initiative.
  • Tether aims to capture the U.S. domestic market while supporting USDT's global growth.

dollars that move

Financial Position

  • Tether remains private due to its profitability, with profits of approximately $13.7B last year.
  • USDT has a $171B market cap and continues to be pivotal globally.

USDT market cap

$USAT's launch signifies Tether's strategic expansion into regulated digital finance within the U.S. market, intensifying competition in the stablecoin space alongside other entities like Circle’s USDC.