Tether has launched a U.S.-focused, federally regulated stablecoin as Washington moves to establish formal oversight of dollar-backed digital tokens under new legislation.
The issuer of the world’s largest stablecoin said it has begun offering USA₮, a dollar-backed token designed to operate within the regulatory framework created by the GENIUS Act. The token is issued by Anchorage Digital Bank, a federally chartered crypto bank, making it one of the first stablecoins structured under a national banking license.
The launch marks Tether’s first major effort to create a stablecoin specifically for the U.S. market, separate from its flagship USD₮ token, which dominates global crypto trading and payments. While USD₮ continues to operate internationally, the company said USA₮ is intended to meet U.S. regulatory requirements for reserve management, compliance, and institutional oversight.
The article “Tether Launches US-Regulated Stablecoin as New Federal Rules Take Effect” was first published on AlexaBlockchain. Read the complete article here: https://alexablockchain.com/Tether-launhces-US-Regulated-Stablecoin/
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