Tether Launches US-Regulated USAT Stablecoin Issued By Anchorage Digital

Tether said Tuesday that its USAT stablecoin is now available for trading and will be issued by Anchorage Digital, providing it with a pathway toward compliance under the GENIUS Act. In a press release, the El Salvador-based firm said the stablecoin—which debuted on several crypto exchanges, including Kraken and Crypto.com—was specifically designed for U.S. markets, with Anchorage's status as a federally chartered digital asset bank placing the product under the supervision of the U.S. Office of the Comptro ...