Tether Launches ‘Made in America’ Stablecoin to Comply With GENIUS Act
Tether has launched USA₮, a new dollar-backed stablecoin designed specifically for the US market, as the company moves to comply with America’s new federal stablecoin law under the GENIUS Act. The new token, announced on January 27, is issued by Anchorage Digital Bank, N.A., a federally chartered US bank. It marks Tether’s first stablecoin built to operate fully within the United States’ regulated financial system. Tether Announces the Launch of USA₮, the Federally Regulated, Dollar-Backed Stablecoin, Made in America 🇺🇲🚀Read more: https://t.co/rIMQTQ7ipX— Tether (@tether) January 27, 2026 A Stablecoin Built for US Law USA₮ is structured to meet the GENIUS Act’s requirements for payment stablecoins, including bank issuance, full reserve backing, and ongoing regulatory supervision. According to Tether, the stablecoin is designed for use by US institutions and platforms that require a federally regulated digital dollar. Cantor Fitzgerald will act as reserve custodian and preferred primary dealer, providing transparency over reserves from launch. In its initial phase, USA₮ will be available through platforms including Kraken, Crypto.com, MoonPay, OKX, and Bybit. Why Tether Needed a New Stablecoin The launch follows regulatory pressure created by the GENIUS Act, which introduced the first nationwide framework governing stablecoins offered to US users. Under the law, only stablecoins issued by federally or state-qualified entities may be marketed or distributed to US persons. Offshore-issued tokens that do not meet these standards face restrictions from US-regulated exchanges, banks, and payment providers. This framework limited the use of USDT, Tether’s flagship stablecoin. The move places Tether back into direct competition with Circle’s USDC, which has benefited from regulatory clarity and early alignment with US institutions. By launching a bank-issued stablecoin, Tether can now offer US institutions a regulated alternative while maintaining USDT’s role as the domi...
Comments
Log in to comment