Crypto: Tether Rolls Out Usat As Genius-compliant Us Stablecoin Via Anchorage

Tether’s new US-regulated stablecoin, issued by Anchorage Digital Bank and backed by Cantor Fitzgerald reserves, launches on major exchanges under the US GENIUS Act.

Tether, the issuer of USDt — the largest stablecoin by market capitalization — has officially launched USAt, a US dollar-pegged stablecoin built specifically to operate within the US.

Following an initial announcement last year, Tether confirmed on Tuesday the formal market launch of its USAt stablecoin, with Anchorage Digital Bank serving as the issuer.

Tether describes USAt as a “federally regulated, dollar-backed stablecoin” designed to function under the US GENIUS Act, which established the first federal framework for payment stablecoins in the US in July 2025.

In last September’s announcement, Tether revealed that Bo Hines — who previously led Republican President Donald Trump’s Council of Advisers on Digital Assets — would assume the CEO role at Tether USAt.

According to CoinMarketCap data, USAt launches with a $10 million supply as an ERC-20 token on the Ethereum blockchain initially.

At launch, Tether’s new stablecoin is expected to be available on several crypto exchanges and platforms, including Bybit, Crypto.com, Kraken, OKX and MoonPay.

“USAt is now available to US users seeking a dollar-backed token built to operate within the US’ dedicated federal regime,” the company said.

Cantor Fitzgerald, a global financial services firm, serves as the designated reserve custodian and preferred primary dealer, ensuring secure asset management and visibility into USAt reserves.

The announcement highlighted the operational maturity of Tether as operator of the world’s largest stablecoin, USDt (USDT), as well as compliance with a framework designed for “America’s most demanding institutions.”

Source: CoinTelegraph