Tether launches USAT, a new U.S. dollar–pegged stablecoin designed specifically for the American market under the regulatory framework of the GENIUS Act. Unlike the globally used USDT, USAT is tailored exclusively for U.S. users and compliance requirements.
USAT is issued by Anchorage Digital Bank, the first federally chartered U.S. bank authorized to issue stablecoins. Reserve custody is handled by Cantor Fitzgerald, adding an additional layer of institutional oversight to the structure.
The token is already available on major crypto platforms including Bybit, Crypto.com, Kraken, OKX, and MoonPay. The launch highlights Tether’s strategy to segment its stablecoin offerings as regulatory regimes diverge, while strengthening its footprint in the U.S. digital asset market.