Tether, the global leader in stablecoin innovation, has unveiled its latest offering: USAt, a federally regulated, dollar-backed stablecoin designed for the United States market. Officially launched under the GENIUS Act’s regulatory framework, this groundbreaking token stands as a major milestone in digital dollar development.
Breaking Down USAt: Innovation Meets Regulation
USAt operates on the Ethereum blockchain as an ERC-20 token, with Anchorage Digital Bank serving as the official issuer. The initial circulating supply of $10 million has already been made available on prominent trading platforms, including Crypto.com, Kraken, OKX, Bybit, and MoonPay.
Described by Tether as a “federally regulated, dollar-backed stablecoin,” the USAt token underscores compliance with the GENIUS Act. This landmark legislation provides the first federal legal framework for payment stablecoins, marking a pivotal step toward legitimizing and integrating digital dollars into the broader financial ecosystem.
Leadership and Institutional Partnerships
Bo Hines, a former adviser in President Donald Trump’s administration, heads Tether USAt as CEO. Hines emphasizes regulatory alignment, stability, and long-term governance as the core principles behind USAt.
To bolster trust and transparency, Tether has partnered with Cantor Fitzgerald, a globally recognized financial services firm. As the designated reserve custodian, Cantor Fitzgerald manages reserve holdings, ensuring top-tier institutional-grade standards.
A Complement to USDt in the Tether Ecosystem
While USAt paves a fresh pathway in digital currencies, Tether CEO Paolo Ardoino has clarified that it is not intended to replace existing stablecoins such as USDt. Instead, it offers institutions and U.S.-based users an additional choice tailored to meet federal regulations.
“USAt represents a key innovation in the evolving digital dollar story,” Ardoino commented. “It aligns with our mission to deliver financial products that prioritize compliance, transparency, and user trust.”
Why USAt Matters
The launch of USAt reinforces Tether’s commitment to positioning the United States as a global leader in digital financial innovation. As stablecoins continue to dominate the crypto industry—contributing to 65% of all protocol revenues in 2025—USAt is poised to spearhead the next era of regulated, dollar-backed digital assets.
For users seeking a convenient and compliant way to navigate the digital dollar ecosystem, USAt is a standout innovation. Consider exploring Crypto.com to start trading USAt and other stablecoins today.
Tether’s Transformative Year
The launch of USAt follows a stellar financial year for Tether. According to industry data, Tether generated $5.2 billion in revenue in 2025, accounting for 42% of total protocol income. This success underlines Tether’s dominance and innovation in the stablecoin market.
USAt joins the ranks of Tether’s other leading products, including USDt, CHNt (Chinese yuan-backed), MXNt (Mexican peso-backed), and XAUt (gold-backed). With its innovative approach and regulatory-first mindset, USAt solidifies Tether’s role as a trailblazer in the digital finance space.
Stay ahead in the evolving world of digital finance and explore the potential of USAt and other stablecoins today!
