Tether’s new US-regulated stablecoin, issued by Anchorage Digital Bank and backed by Cantor Fitzgerald reserves, launches on major exchanges under the US GENIUS Act.
Tether, the issuer of USDt — the largest stablecoin by market capitalization — has officially launched USAt, a US dollar-pegged stablecoin built specifically to operate within the US.
Following an initial announcement last year, Tether confirmed on Tuesday the formal market launch of its USAt stablecoin, with Anchorage Digital Bank serving as the issuer.
Tether describes USAt as a “federally regulated, dollar-backed stablecoin” designed to function under the US GENIUS Act, which established the first federal framework for payment stablecoins in the US in July 2025.
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