Tether has announced a partnership with Anchorage Digital to launch its new stablecoin, USAT, by the end of the year. Anchorage Digital, the only federally chartered digital asset bank in the U.S., will handle the issuance, reserve management, and financial compliance for USAT. The stablecoin will comply with the GENIUS Act, aiming to set a new standard for U.S. stablecoins.
Tether's CEO, Paolo Ardoino, highlighted that USAT will offer speed, reliability, and trust, reinforcing Tether's global reputation while supporting the U.S. economy. This collaboration reflects the increasing momentum in the stablecoin market, driven by regulatory clarity.
Tether Partners with Anchorage Digital to Launch USAT Stablecoin
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