Tether Launches USA₮ Under GENIUS Act Compliance

Tether has unveiled USA₮, a federally regulated stablecoin designed to operate under U.S. law, marking a significant expansion of its product lineup. Issued through Anchorage Digital Bank, N.A. under the GENIUS Act, USA₮ is positioned as a “made in America” digital dollar, fully backed by reserves and structured to meet federal compliance standards.

Product Details

USA₮ is distinct from Tether’s global USDT token, which has long dominated the stablecoin market but operates outside direct U.S. federal oversight. By partnering with Anchorage Digital Bank — the first federally chartered digital asset bank — Tether ensures USA₮ meets the GENIUS Act’s requirements for issuance via qualified institutions. Reserves are custodied by Cantor Fitzgerald, adding transparency and institutional credibility.

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The stablecoin is already listed on major exchanges including Kraken, Crypto.com, OKX, Bybit, and MoonPay, making it immediately accessible to retail and institutional users. Leadership of the new entity includes Bo Hines, former White House Crypto Council Executive Director, now serving as CEO of Tether USA₮.

Market Context

The launch comes as stablecoins face increasing scrutiny from regulators and growing demand from institutions. USA₮ positions Tether to compete directly with Circle’s USDC, which has dominated the U.S. market due to its compliance framework. Analysts suggest USA₮ could accelerate adoption of regulated stablecoins, potentially drawing billions in deposits away from traditional banks as users migrate to digital dollars.

Outlook

With USA₮, Tether is signaling its intent to integrate more deeply with the U.S. financial system. The move highlights the convergence of crypto and traditional finance, as policymakers push tokenization and regulated digital assets. For Tether, USA₮ represents both a compliance milestone and a strategic play to secure its role in the future of digital money.