Tether has officially launched USAT, a federally regulated, dollar-backed stablecoin built specifically for the U.S. market under the new GENIUS Act framework.

The token, issued by Anchorage Digital Bank, marks Tether’s formal entry into America’s emerging federal stablecoin regime and shows a major shift in how digital dollars may operate inside the United States’ regulated financial system.

Prediction Market powered by

Announced on 27 January, the launch follows earlier disclosures about the project’s design and the appointment of former White House Crypto Council Executive Director Bo Hines as CEO of Tether USAT.

USAT is now available to U.S. users seeking a stablecoin structured to comply with America’s dedicated federal oversight model.

USAT has been developed to operate within the GENIUS Act’s new federal stablecoin framework, offering institutions a dollar-backed token issued through a nationally chartered bank.

Tether explained that, unlike USDT, which continues to operate globally and is progressing toward GENIUS Act compliance, USAT is purpose-built for the U.S. market and its increasingly digital payment infrastructure.

Tether described the launch as a milestone not only for the company but for the trajectory of the U.S. dollar in a digital era, as countries compete to shape the future of money.

Anchorage Digital Bank, N.A., America’s first federally regulated stablecoin issuer, is the official issuer of USAT. The bank has built scalable infrastructure with on-chain transparency, deeply integrated risk management, and bank-grade compliance.

Tether stressed that USAT is designed not simply to satisfy regulatory requirements, but to function reliably within them day in and day out at an institutional scale. U.S.-regulated exchanges and banking partners are being lined up to support broad access across the American financial ecosystem.

Cantor Fitzgerald will serve as the designated reserve custodian and preferred primary dealer, providing secure asset management and clear visibility into reserves from day one.

The launch comes as Tether continues to reinforce its role as a major macroeconomic participant. Tether Group is now the 17th-largest holder of U.S. Treasuries globally, ahead of sovereign holders including Germany, South Korea, and Australia.

USDT remains the world’s most widely adopted stablecoin, powering the digital economy at scale and supporting the international use of the U.S. dollar for payments, commerce, and reserves.