Tether unveiled USA₮, a U.S.-regulated, dollar-backed stablecoin launched to comply with the GENIUS Act’s permitted issuer framework, with issuance conducted via Anchorage Digital Bank’s OCC charter per company materials.

The stablecoin is issued by Anchorage Digital Bank, N.A., the first federally regulated issuer of stablecoins in the United States. This launch builds on Tether's earlier announcement of the token's design and the appointment of Bo Hines as CEO of Tether USA₮. USA₮ aims to reinforce the U.S. dollar's dominance in the digital economy amid growing global competition.

While Tether's existing USD₮ remains the world's most widely adopted stablecoin, powering global payments, commerce, and reserves, USA₮ is specifically built for the American market. It operates within the GENIUS Act framework, supported by U.S.-regulated exchanges and banking partners. Cantor Fitzgerald acts as the designated reserve custodian and preferred primary dealer, ensuring secure asset management and transparency in reserves.

Anchorage Digital Bank provides the infrastructure for USA₮, offering on-chain transparency, robust risk management, and bank-grade compliance at an institutional scale. In its initial phase, the stablecoin is available to U.S. users on platforms including Bybit, Crypto.com, Kraken, OKX, and MoonPay.

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https://tether.io/news/tether-announces-the-launch-of-usat-the-federally-regulated-dollar-backed-stablecoin-made-in-america/