In a significant move for the U.S. crypto market, Tether announced the launch of its new stablecoin, USAT, exclusively targeting American users. The announcement comes shortly after the GENIUS Act was signed into law by President Donald Trump on July 18, 2025, establishing the first federal framework for regulating stablecoins.
The GENIUS Act sets clear standards for transparency, mandatory asset backing, and regular audits, requiring stablecoin issuers to maintain 100% reserves in cash or U.S. Treasury securities. Additionally, issuers must obtain federal licenses and collaborate with approved custodians to ensure compliance.
Tether’s USAT will be issued through Anchorage Digital Bank, the first federally licensed crypto bank in the United States. Reserves will be securely managed by Cantor Fitzgerald, and the coin will operate on Tether’s Hadron platform, designed for tokenizing real-world assets.
Bo Hines, former crypto advisor to the White House, has been appointed CEO of Tether USAT. The company aims to roll out USAT by the end of 2025, positioning it as a major player alongside other U.S. stablecoins such as USDC by Circle.
Market analysts view the launch as a milestone for the U.S. stablecoin ecosystem. By aligning with the GENIUS Act, USAT not only complies with federal regulations but also strengthens trust among institutional investors and retail users alike.
With increasing demand for transparent and fully backed digital currencies, USAT is expected to become a key component of the U.S. digital financial infrastructure.
