Tether Officially Launches USAT Stablecoin for the U.S. Market, Compliant with the Genius Act

On January 27th, Tether announced the official launch of USAT, a dollar-pegged stablecoin designed specifically for the U.S. market. It is designed to operate within the framework of federal regulations based on the Genius Act, with Anchorage Digital Bank serving as the issuer, marking it as the first federally regulated stablecoin issuer in the U.S. Unlike Tether's widely used global stablecoin USDT, which has not been available to U.S. customers, USAT fills this gap by providing a digital dollar to U.S. financial institutions. Tether CEO Paolo Ardoino stated in a release that USDT has been trusted globally for over a decade...