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Tether.io & US crypto bank Anchorage Digital launch stablecoin USA₮

Tether.io & US crypto bank Anchorage Digital launch stablecoin USA₮
Tether.io & US crypto bank Anchorage Digital launch stablecoin USA₮ - Portugal Business News

Cryptocurrency News – Tether.io and US crypto bank Anchorage Digital just launched stablecoin USA₮ in New York with plans for being listed on the Stock Exchange.



What is stablecoin USAT?

 

A new era for digital dollars has begun, with Portuguese Unicorn Anchorage Digital, that is headquartered in the US, becoming the only federally regulated crypto bank to issue the first stablecoin created specifically for the United States: the USA₮. Crypto bank Anchorage Digital will provide the fully regulated foundation for Tether to bring digital dollars to America.

 

Tether is the largest stablecoin company in the world with over USD160 billion in circulation globally. Tether is pioneering digital asset innovation and global stablecoin adoption with the largest stablecoin in the world, the USDT, that is trusted by more than 500 million users globally to bring secure access to digital dollars.

 

The United States enacted the GENIUS Act to regulate U.S. stablecoins. With the USDT, Tether and Anchorage Digital are bringing the largest stablecoin ecosystem in the world under federal oversight in the United States, while setting the gold standard for the U.S. stablecoin market.

 

This is about more than just launching a new token—it is about advancing the strength of the U.S. dollar globally for decades to come,” stated Nathan McCauley, CEO and Co-Founder of Anchorage Digital.

 

Anchorage Digital Bank is the only U.S. federally regulated and GENIUS-compliant stablecoin issuer bank, and is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with a Series D valuation over $3 billion.


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