Author of the news: Crypto Emergency
Tether has announced the launch of a new stablecoin USAT, backed by dollars and fully compliant with US regulatory requirements. The new digital asset is aimed at the American market and will be part of the company's efforts to strengthen trust in stablecoins under strict financial oversight.
The head of the American division of Tether USAT has been appointed as Bo Hines — the former executive director of the Advisory Council on Cryptocurrency under President Donald Trump. This underscores the company's commitment to engaging with government structures and adhering to regulatory standards.
USAT will operate on the basis of the RWA platform technology Hadron, developed by Tether itself. The issuer will be Anchorage Digital — a federally licensed crypto bank that meets the requirements of the GENIUS Act. The financial company Cantor Fitzgerald is responsible for the storage of reserves and the functions of a primary dealer.
The launch of USAT may become an important step in the legalization and institutionalization of stablecoins in the USA, opening new opportunities for investors and participants in the crypto market.
#Tether #USAT