How Tether’s USAT, Not USDT, Challenges Circle’s U.S. Stablecoin Stronghold

How Tether’s USAT, Not USDT, Challenges Circle’s U.S. Stablecoin Stronghold

The post How Tether’s USAT, Not USDT, Challenges Circle’s U.S. Stablecoin Stronghold appeared on BitcoinEthereumNews.com. Key Takeaways: Tether’s USDT supply is $170 billion, more than double USDC’s $73 billion. USAT is issued under U.S. rules, with Anchorage Bank and Cantor Fitzgerald backing it. USAT could cut into Circle’s U.S. stronghold, giving Tether both global and U.S. reach. Stablecoins are digital tokens that are tied to the value of t…

Tether Taps Anchorage Digital to Roll out USAT Under Federal Charter

According to the stablecoin giant’s latest announcement, Tether tapped Anchorage Digital to issue the firm’s U.S.-focused stablecoin called USAT, a move both firms pitch as a federally supervised template for U.S. dollar tokens. Tether, Anchorage Digital Pair up on U.S.-Focused USAT Anchorage Digital Bank NA, a federally chartered digital asset bank, will oversee issuance, reserve […]

Tether picks Anchorage Digital to set new standard for U.S. stablecoins

Tether has selected Anchorage Digital, the only federally chartered digital asset bank in the U.S., to issue Tether’s upcoming stablecoin USAT. Tether announced last week that it will launch its new U.S.-regulated stablecoin, USAT, by the end of the year.…

Fintech Rundown: A Rapid Review of Weekly News

FinovateFall may have wrapped up last week, but the fintech news cycle continues to roll on. Check out the latest happenings in banking and fintech below. We’ll continue adding news to this post throughout the week, so stay tuned! Crypto and DeFi Reliance Global Group (RELI) expands into cryptocurrency and blockchain-enabled insurance-linked assets. Tether unveils USA₮, its US-regulated dollar-backed stablecoin. Lending Mobilization Funding laun…

Tether Makes US Pivot, Launches USAT Stablecoin

In a move that signals a strategic shift toward embracing U.S. oversight, Tether has announced plans for USA₮, a new dollar-pegged stablecoin tailored for the American market.Leading the charge is Bo Hines, a 30-year-old former college athlete and Trump-era policy insider, tapped as CEO of the new entity. Hines' crypto credentials solidified in early 2025 when President Trump appointed him to the Presidential Council on Digital Assets, followed …