Key Takeaways:
- The launch of USAT, a new stablecoin pegged to the dollar which will be controlled by U.S. law, and which meets the recently passed GENIUS Act.
- Bo Hines joined Tether USAT as the CEO with a high-level background of legal and policy experience in the White House.
- Anchorage Digital to issue USAT, where reserves will be managed by Cantor Fitzgerald, a strong indication of institutional inclusion and complete compliance with U.S. regulation.
The giant of the most popular stablecoin in the world (USDT), Tether, is making a historic move to transform the U.S. crypto economy. As the company announced USAT, a U.S. regulated stablecoin, the company targets strengthening U.S. dollar supremacy in the age of blockchain, now with American leadership and regulation.
A New Standard of U.S. Stablecoins – USAT
The introduction of USAT by Tether is timely considering the fact that the regulators in the United States start formalizing the regulations of stablecoins via the GENIUS Act that is signed in July 2025. The new law requires all stablecoin issuers to work under stringent compliance with complete reserve support through liquid asset and monthly reserve reports. USAT will be:
- In full compliance with the GENIUS Act.
- Published by Anchorage Digital Bank, the first federal charter crypto bank in the U.S.
- Holding by Cantor Fitzgerald, one of the most frequently used financial institutions and primary dealers in U.S. Treasuries.
This legal status provides Tether with more legal authority to directly engage in the American financial ecosystem than any other company that issues a large-scale stablecoin.
Read More: Tether to Launch $86B USD₮ on Bitcoin via RGB Protocol, Unlocking Private & Native Stablecoin Payments
Significance of USAT
USAT is not another stablecoin; it is a financial tool that is created with the intent to introduce regulatory certainty, institutional confidence, and financial access to the American market directly. In contrast to USDT that has been deployed mostly in emerging markets and crypto exchanges worldwide, USAT is designed to target U.S. based businesses, banks, fin-techs, and consumers.
- Compliance-first approach: All the elements of USAT, including issuance and custody, are constructed in line with the U.S. regulatory standards.
- Transparency of reserves: Cantor Fitzgerald will also release comprehensive monthly reports on reserves, which is more than is being done today.
- Advanced infrastructure: USA Today will use the Hadron by Tether sort of a real-world-asset tokenization platform that can have traditional assets incorporated onto blockchain rails.
Bo Hines – A Strategic Hire
The leader of this new venture is Bo Hines, a former White House Crypto Council Executive Director and a businessperson with a long background in regulatory matters and innovation. His appointment is an indication of a sharp turn in shaping the stablecoin development with the U.S. policy goals. “By building USAT with compliance, transparency, and innovation at its core, we are ensuring that the dollar remains the foundation of trust in the digital asset space,” said Hines.
The political experience and expertise of Hines are likely to serve as a bridge between Washington and Web3 as regulators continue to question the place of digital dollars in both national and international finance.
Tether Dominance from USDT to USAT
Tether is no stranger to scale:
- USDT has 500M users around the world and is particularly common in unbanked areas.
- More than $13 billion of profit in 2024 alone.
- The 18th-largest owner of U.S. Treasuries (after such nations as South Korea and Australia).
Under USAT, Tether can utilize its international financial presence and integrate into the American regulatory framework, a move that could pressure competitors such as Circle and PYUSD of PayPal to become as transparent on regulations.
GENIUS Act Compliance and its Role on USAT
The current state of the art of the stablecoins regulation is the GENIUS Act, which makes the following key requirements:
- The reserves should be kept in liquid U.S.-denominated assets such as short-term Treasury bills.
- Reserves disclosure and independent audits monthly.
- Just issued through federally regulated entities.
Tether makes USAT the most legally resistant and financially plausible stablecoin with Anchorage Digital as an issuer and Cantor Fitzgerald as a custodian to both U.S. institutions and regulators.
Read More: GENIUS Act 2025 – All You Need to Know About This New Stablecoin Regulation