Tether introduces USA₮, a regulated stablecoin in the United States, supervised by Anchorage Digital and Cantor Fitzgerald, focusing on transparency, strict governance, and compliance with the GENIUS Act.
Tether steps up with its USAT stablecoin in the USA
The global leader in stablecoins, Tether, has announced a major strategic shift: the upcoming launch of USA₮, a regulated digital dollar directly in the United States. The company is not just introducing a new token; it appoints Bo Hines, former Executive Director of the White House Crypto Council, symbolizing a deliberate turn towards American compliance.
With over $169 billion in market capitalization and nearly 500 million users worldwide, USDT has become the backbone of the crypto economy. However, Tether now aims to establish itself officially in its most strategic market: the United States, where the recent GENIUS Act regulates the issuance of stablecoins.
A Tether stablecoin designed for regulation
Unlike USDT, often criticized for its lack of transparency, USA₮ will be issued under American oversight. Tether relies on a trio of heavyweights for this purpose:
- Anchorage Digital, the first federally regulated crypto bank, as the official issuer;
- Cantor Fitzgerald, as the custodian of reserves and primary dealer;
- The Hadron by Tether technology, a platform for tokenizing real assets.
The goal: to ensure transparent reserves, strict governance, and full compliance with standards set by Congress.
Bo Hines, the American face of Tether
By appointing Bo Hines to lead USA₮, Tether sends a clear message: this project will be driven from Washington, with a keen understanding of local political priorities. A lawyer, entrepreneur, and close to American decision-making circles, Hines embodies the bridge between crypto innovation and regulatory power.
A response to the GENIUS Act
The launch of USA₮ is not just a symbolic gesture; it is also a direct response to the GENIUS Act, the landmark stablecoin law that came into effect this year. By choosing to adhere to American rules, Tether aims to address ongoing criticisms of its opacity and present itself as a key player in regulated finance.
Paolo Ardoino, CEO of the group, openly expresses his ambition:
A geopolitical and financial gamble
Tether is already the 18th largest holder of US Treasury bonds globally, surpassing powers like Germany or South Korea. With USA₮, the company positions itself not only as a pillar of the crypto economy but also as a player in the strategy of dollar dominance internationally.
