Tether launches USAt under US stablecoin rules

Tether has officially launched USAt, a US dollar-pegged stablecoin designed to operate within the United States under the GENIUS Act.

The new stablecoin is issued by Anchorage Digital Bank and backed by reserves held with Cantor Fitzgerald, positioning USAt as a federally regulated payment stablecoin.

“USAt offers institutions an additional option: a dollar-backed token made in America,”

Said Tether chief executive Paolo Ardoino.

USAt launches with an initial supply of $10 million as an ERC-20 token on Ethereum and is expected to be available on platforms including Bybit, Crypto.com, Kraken, OKX and MoonPay.

Tether said the stablecoin is built specifically to comply with the GENIUS Act, which established the first federal framework for payment stablecoins in July 2025.

Bo Hines, who previously advised President Donald Trump on digital assets, is serving as chief executive of Tether USAt, according to the company.

USAt joins Tether’s broader stablecoin lineup led by USDt, though it has yet to appear on the company’s public transparency page at the time of publication.

At the time of reporting, Ethereum price was $2,998.89.