Tether’s USAT Goes Federal Under GENIUS Act – Is USDT Next?

Tether has launched USAT, a federally regulated, dollar-backed stablecoin for the U.S. market under the GENIUS Act. Issued by Anchorage Digital Bank, N.A., with Cantor Fitzgerald as reserve custodian, USAT has rolled out on Bybit, Crypto.com, Kraken, OKX and MoonPay. It named Bo Hines as CEO Jan 27.

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