Several fresh news about new or relevant cryptocurrencies

1. Tether launches a new stablecoin for the USA — USAT

The company Tether plans to release a stablecoin USAT, targeting Americans.

USAT will comply with the GENIUS Act legislation in the USA.

The release will be carried out through Anchorage Digital Bank — a custodian bank with national authority.

The launch is scheduled by the end of the current year.

2. Avalanche wants to raise $1 billion for cryptocurrency 'hold companies'

The Avalanche Foundation intends to attract one billion US dollars through two avenues: private investments and SPAC.

The goal is to strengthen Avalanche's position as a platform suitable for institutional investments and large holders (whales).

Funds will also be directed towards purchasing AVAX at discounted rates.

3. Remittix (RTX) — a new project showing rapid growth

The project raised over $24.5 million in a short time, selling tokens for about $0.1050 each.

Future listings on centralized exchanges (CEXs) such as BitMart and LBank.

A mobile wallet supporting over 40 cryptocurrencies and 30 fiat currencies is planned, as well as fund withdrawal features in different countries.

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