Tether (Tether) announces the official launch of ₮USA, a stablecoin backed by the US dollar, federally regulated, and specifically designed for use within the United States under the new legal framework for stablecoins under the GENIUS Act.
₮USA is issued by Anchorage Digital Bank, a federally licensed US bank, while USDT continues to operate globally. ₮USA aims to provide American institutions with a compliant digital dollar that meets strict regulatory requirements, combining transparency, compliance, and bank-level risk management.
In its initial phase, ₮USA will be available across multiple trading platforms and digital payment services, supported by banking partners and organized platforms within the United States. Cantor Fitzgerald will hold the reserves and serve as the primary custodian, ensuring high transparency and security from the outset.
"₮USA represents a strategic step to enhance the role of the US dollar in the digital age, combining Tether's global stablecoin expertise with an American regulatory framework focused on stability and institutional use."
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Tether (Tether) announces the official launch of ₮USA, a stablecoin backed by the US dollar, federally regulated, and specifically designed for use within the United States under the new legal framework for stablecoins under the GENIUS Act.
₮USA is issued by Anchorage Digital Bank, a federally licensed US bank, while USDT continues to operate globally. ₮USA aims to provide American institutions with a compliant digital dollar that meets strict regulatory requirements, combining transparency, compliance, and bank-level risk management.
In its initial phase, ₮USA will be available across multiple trading platforms and digital payment services, supported by banking partners and organized platforms within the United States. Cantor Fitzgerald will hold the reserves and serve as the primary custodian, ensuring high transparency and security from the outset.
"₮USA represents a strategic step to enhance the role of the US dollar in the digital age, combining Tether's global stablecoin expertise with an American regulatory framework focused on stability and institutional use."