Tether has introduced USAT, a new US dollar-based stablecoin designed for use within the United States.
The token operates under the federal GENIUS Act, the country’s first national rulebook for payment stablecoins, established in July 2025.
The company confirmed the official rollout on January 27 and named Anchorage Digital Bank as the issuer.
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Tether describes USAT as a “federally regulated, dollar-backed stablecoin” created specifically for users who want a compliant digital dollar within the US framework.
At launch, USAT will be listed on several major platforms, including Bybit
$2.46B
, Crypto.com
$2.16B
, Kraken
$623.28M
, OKX
$1.39B
, and MoonPay. Tether stated that US users can now access a stablecoin developed to work within the country’s new regulatory system.
Cantor Fitzgerald will manage the reserves as the main custodian and preferred dealer.
Earlier in the project’s development, Bo Hines, former head of Donald Trump’s Council of Advisers on Digital Assets, was appointed as CEO of Tether USAT.
Tether highlighted that the new token builds on its long experience managing USDT
. CEO Paolo Ardoino said USAT gives institutions “a dollar-backed token made in America” while continuing Tether’s mission of trust, transparency, and usability.
Hines added that USAT aims to meet federal expectations for digital dollars. He said, “Our focus is stability, transparency, and responsible governance”.
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