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Tether and Anchorage Digital launch USAT, a US-regulated stablecoin
Tether launched USAT on January 27, 2026, a dollar-backed stablecoin built under the US federal GENIUS Act framework. Issued by Anchorage Digital Bank and led by Bo Hines (former White House crypto council executive director), USAT offers regulated US users a separate product from offshore USDT, with Cantor Fitzgerald managing reserves.
- USAT is purpose-built for the US market under the GENIUS Act's federal stablecoin framework, distinct from global USDT.
- Bo Hines, ex-White House crypto council director, leads the US business as CEO.
- Launched on Bybit, Crypto.com, Kraken, OKX and Moonpay; Cantor Fitzgerald provides on-chain transparent reserve custody.