Tether unveils USAt stablecoin compliant with new federal regulations
The company behind the world's largest stablecoin launches USAt, a federally-regulated digital dollar issued through Anchorage Digital Bank with Cantor Fitzgerald managing reserves, now available on leading platforms following the GENIUS Act.
The company behind USDt — which holds the position as the world's leading stablecoin by market capitalization — has formally unveiled USAt, a digital currency pegged to the US dollar and engineered to comply with American regulatory requirements.
After making its initial announcement during the previous year, the firm confirmed on Tuesday the official market debut of its USAt digital asset, with Anchorage Digital Bank designated as the official issuer.
The company characterizes USAt as a "federally regulated, dollar-backed stablecoin" constructed to comply with the US GENIUS Act, legislation that introduced the nation's inaugural federal regulatory structure for payment stablecoins in July 2025.
During last September's public announcement, the firm disclosed that Bo Hines — formerly the head of Republican President Donald Trump's Council of Advisers on Digital Assets — would take on the chief executive officer position at Tether USAt.
USAt now available with listings on Bybit, Crypto.com, Kraken, OKX and MoonPay
From the moment of its introduction, the company's latest stablecoin is anticipated to become accessible across multiple cryptocurrency trading platforms and services, encompassing 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.
The global financial services company Cantor Fitzgerald has been appointed as the official reserve custodian and preferred primary dealer, providing secure management of assets and transparency regarding USAt reserve holdings.
USAt meets institutional demands
The public statement emphasized the operational expertise of the firm as the operator behind the planet's most significant stablecoin, USDt (USDT), alongside adherence to a regulatory structure crafted for "America's most demanding institutions."
"USAt offers institutions an additional option: a dollar-backed token made in America," Tether CEO Paolo Ardoino said.
"USDT has proven for more than a decade that digital dollars can deliver trust, transparency, and utility at a global scale," the CEO noted, adding that USAt extends that mission by providing a federally regulated product designed for the US.
"With the launch of USAt, we see a digital dollar that is designed to meet federal regulatory expectations," said Tether USAt CEO Hines.
"Our focus is stability, transparency, and responsible governance, ensuring that the United States continues to lead in dollar innovation," he added.
As of this writing, USAt has not yet been listed on the company's transparency page, which currently displays four stablecoins created by the firm, including USDT, the Chinese yuan-pegged CHNt, the Mexican peso-pegged MXNt, and the gold-backed XAUt.