Tether Announced When Its Anticipated New Altcoin Product Will Hit the Market #USATComing
Tether, the largest stablecoin company, will launch its new product, which it claims will be compliant with US regulations.
Tether, the cryptocurrency company behind the world's largest stablecoin $USDT , aims to reach 100 million American users with its new digital dollar project called USAT, developed specifically for the US market.
Company CEO Paolo Ardoino announced today that the stablecoin will be launched in December.
According to Ardoino, the USAT token was designed to comply with the GENIUS Act and comply with US federal regulations. The token will be issued by a new initiative called Tether America, a partnership between Tether and US-based regulated cryptocurrency bank Anchorage Digital.