Tether Debuts Federally Regulated USD-Backed Stablecoin USA₮ in the United States
According to BitMart’s official announcement, USAT/USDT trading launches Jan 28 at 13:00 GMT+8, as Tether’s USA₮ rolls out under the GENIUS ACT via Anchorage Digital Bank N.A. on Ethereum.
ETH
USDT
Summary
BitMart will list USA₮ (USAT) with a USAT/USDT trading pair on Jan 28 at 13:00 GMT+8, according to the exchange’s official announcement. Tether launched the federally regulated, GENIUS ACT–compliant stablecoin via Anchorage Digital Bank N.A., with Cantor Fitzgerald as custodian, debuting on Ethereum with a $20 million initial supply. Earlier, Huobi HTX scheduled deposits for Jan 27, trading for Jan 28 at 11:00 GMT+8, and withdrawals for Jan 29, alongside launch support from Bybit, Crypto.com, Kraken, OKX, and Moonpay.
Terms & Concepts
- USA₮ (USAT): Tether’s U.S. dollar–pegged stablecoin for the U.S. market, launched on Ethereum and issued via Anchorage Digital Bank N.A.
- GENIUS ACT: The compliance framework cited by Tether governing USA₮ issuance and oversight in the United States.
- Ethereum: A public blockchain on which USA₮ initially launched, enabling on-chain issuance and transfers via smart contracts.