Tether’s GENIUS Act-Compliant USAT Launches on Celo in First Expansion Beyond EthereumTether’s GENIUS Act-compliant stablecoin USAT has launched on Celo, marking its second mainnet deployment after Ethereum. Issued by Anchorage Digital Bank, USAT supports native minting and burning on Celo and can be used directly to pay gas fees. Launched in January, USAT currently has a market capitalization of approximately $185 million. ...

Celo’s stablecoin ecosystem just got even more powerful…@Tether’s fully-regulated $USAT stablecoin, issued by @Anchorage, is now live on @Celo’s layer-2 network.Celo is now the only chain outside of @Ethereum $ETH itself to boast native support of $USAT. This is perhaps unsurprising given Celo’s position as the #1 distribution network for the $USDT stablecoin by way of weekly users, support for which went live on the chain back in March 2024.For context, after a +67% usership surge in Q2 2026, $CELO now acc ...