Tether USAt debuts as a fully regulated US dollar stablecoin under the GENIUS Act, with Anchorage as issuer and Cantor Fitzgerald managing reserves.
Tether USAt Launches as GENIUS-Compliant US Stablecoin through Anchorage
Tether has officially rolled out Tether USAt, a United States–focused stablecoin built to operate under the GENIUS Act regulatory framework. This marks a major strategic shift for the company behind USDt, as it introduces a compliant dollar-backed asset specifically tailored for the American financial system. The move signals Tether’s intention to expand its reach into the domestic market while reinforcing its commitment to regulatory alignment and institutional-grade transparency.
The new Tether USAt stablecoin is pegged one-to-one with the US dollar and will be issued in collaboration with Anchorage Digital Bank, a federally chartered institution that plays a key role in the ecosystem. Designed as a “federally regulated, dollar-backed stablecoin,” the launch of Tether USAt positions Tether as one of the first issuers to align directly with the GENIUS Act a landmark piece of legislation that established clear federal rules for payment stablecoins in the United States in 2025.
Anchorage to Power USAt’s Regulated Launch
Anchorage Digital Bank serves as the official issuer for Tether USAt, providing the infrastructure to support full regulatory compliance and custodial oversight. The partnership enables the new stablecoin to operate within a transparent and secure environment, meeting the rigorous standards of US financial authorities.
This collaboration underscores Tether’s pivot toward a framework that blends blockchain innovation with institutional accountability. The GENIUS Act framework allows companies like Tether to issue stablecoins backed entirely by fiat reserves under defined auditing and reporting standards. By integrating Anchorage’s banking capabilities, Tether USAt achieves a compliance-first design meant to satisfy the most demanding regulatory expectations in the nation.
At launch, Tether USAt debuts as an ERC-20 token on the Ethereum blockchain, starting with a circulating supply of 10 million tokens. This measured rollout allows for liquidity testing and infrastructure scaling across major platforms before larger distribution phases.
Tether USAt Secures Key Exchange Listings
Within hours of its market debut, Tether USAt secured listings on top cryptocurrency exchanges, including Bybit, Crypto.com, Kraken, OKX, and MoonPay. These listings make the asset accessible to both retail and institutional users in the United States, offering a compliant digital dollar option that operates under a clear federal framework.
Cantor Fitzgerald, one of the leading financial services firms in the United States, has been appointed as reserve custodian and primary dealer for Tether USAt. This arrangement provides a high degree of visibility into the stablecoin’s backing assets, strengthening trust in its collateral management. Institutional clients will benefit from Cantor Fitzgerald’s oversight, which adds a critical layer of assurance to Tether’s latest offering.
According to Tether, the addition of Tether USAt complements its global portfolio that already includes USDt, CHNt, MXNt, and XAUt. Each token serves different regions and asset preferences, but Tether USAt stands out for being specifically engineered for domestic financial operations within the United States.
Institutional Momentum and Regulatory Readiness
Executives at Tether emphasized that Tether USAt is designed to meet the needs of institutional investors who require a federally approved, dollar-denominated stablecoin that operates with full transparency and governance oversight.
Paolo Ardoino, CEO of Tether, said the launch represents a milestone in the evolution of digital dollars, expanding on the trust and utility established by USDt over the past decade. The company’s goal is to ensure that its new token aligns with US regulatory expectations while delivering the same global reliability that defined its original stablecoin.
Bo Hines, CEO of Tether USAt and former adviser to the Trump administration’s Council on Digital Assets, reiterated the focus on stability and responsible governance. He noted that Tether USAt was built to ensure the United States maintains leadership in digital dollar innovation while addressing the regulatory needs of major institutions.
What the Launch Means for the US Crypto Landscape
The arrival of Tether USAt comes at a pivotal moment for the US crypto sector. The GENIUS Act framework, passed in July 2025, introduced the country’s first clear national rules for stablecoin issuance. Tether’s proactive move into this regulated domain signals that the company intends to maintain dominance while adapting to evolving compliance landscapes.
By offering a transparent, federally supervised digital dollar, Tether USAt could redefine how US-based institutions interact with tokenized money. It provides regulated pathways for settlement, payments, and treasury management all without leaving the blockchain ecosystem.
Analysts view this as a calculated step that could reinforce Tether’s market position while setting the tone for future entrants in the US-regulated stablecoin space. The success of Tether USAt could encourage broader institutional adoption and accelerate integration of stablecoins into mainstream financial infrastructure.
At present, Tether USAt is not yet listed on Tether’s public transparency page, which tracks its four existing tokens. However, the company has confirmed that transparency reporting for Tether USAt will follow once audit cycles are finalized and data aggregation is complete.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards.