Tether has officially launched USA₮, a federally regulated, dollar-backed stablecoin, specifically designed for the U.S. market. Issued by Anchorage Digital Bank, N.A., the introduction of USA₮ follows the recently enacted GENIUS Act, establishing a framework for stablecoins in the United States. This marks Tether's first stablecoin built to comply fully with the U.S. regulatory environment after years of scrutiny regarding offshore dollar tokens.

With USA₮, Tether aims to provide U.S. users a compliant alternative to its flagship USD₮, which has dominated the global stablecoin landscape but faced limitations domestically. The GENIUS Act requires full reserve backing and ongoing regulatory oversight, and USA₮ is structured to meet these standards. Cantor Fitzgerald will serve as the reserve custodian, ensuring transparency from the outset. Tether's CEO, Paolo Ardoino, emphasized that this launch signifies a new chapter for digital dollars in the U.S., highlighting the trust and utility established by USD₮ on a global scale.

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Initially, USA₮ will be accessible on platforms like Kraken and Crypto.com, with more U.S.-regulated exchanges expected to join. This move could reshape how institutions engage with digital currencies, providing a regulated means to transact in dollars.

The launch illustrates Tether's commitment to adapting to regulatory requirements while maintaining its stronghold in the crypto space. USA₮ not only reinforces Tether's market position but also signals a significant shift toward a more regulated digital currency environment, potentially influencing the broader adoption of stablecoins in the U.S.