Tether has officially launched USA₮. This stablecoin is built specifically for operations within US jurisdiction.
Anchorage Digital Bank serves as the issuer, becoming the first federally regulated bank in the country to mint such assets.
Reserves and Governance
Cantor Fitzgerald manages reserve custody, acting as both custodian and primary dealer. Anchorage Digital Bank ensures on-chain transaction transparency and deep risk management integration. The bank’s infrastructure is engineered to process operations at an institutional scale.
Bo Hines leads the new division. He previously served as Executive Director of the White House Crypto Council. The launch of USA₮ is a logical continuation of the strategy announced late last year. Major funds and platforms now have access to a digital dollar through a nationally chartered bank.
Tether’s Place in the Economy
Tether CEO Paolo Ardoino believes the new product expands the ecosystem’s capabilities: while the company’s flagship asset — USDT — dominates globally, USA₮ meets the specific needs of the domestic US market. Hines is confident that the launch of USA₮ will allow the country to maintain its leadership in financial innovation.
During the initial phase, the asset is available to users on Bybit, Crypto.com, Kraken, OKX, and Moonpay.
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