Tether Shakes Up Stablecoin Market, Unveils New U.S.-Based Rival ‘USAT’

Tether has unveiled USA₮ for the U.S., backing a dollar token with transparent reserves, issued via Anchorage Digital and supported by Cantor Fitzgerald, and has named Bo Hines CEO. Stablecoin compliance has been aligned with the GENIUS Act and the token will run on the Hadron platform.

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