Tether Launches Federally Regulated Stablecoin USAT in the US

Tether launches USAT, a federally regulated stablecoin for the US market.

The company Tether has announced the launch of USAT, a federally regulated “stablecoin” for the US market. The new asset is created in accordance with the Genius Act.

Are you ready?

USA₮ is now live. 🚀

The digital dollar that moves at internet speed. Always 1:1. Instant. Borderless.#USAt #Tether pic.twitter.com/SI6EUehv7o

— USAT (@usat) January 27, 2026

Anchorage Digital Bank, N.A., the first federally licensed stablecoin issuer in the United States, is responsible for the issuance. Cantor Fitzgerald will act as the designated custodian and primary dealer for the token’s reserves.

Initially, USAT will be available on exchanges Bybit, Crypto.com, Kraken, OKX, and through the payment service Moonpay.

“USAT provides institutions with an additional option: a stablecoin made in America. For over ten years, USDT has proven that digital dollars can deliver trust, transparency, and utility on a global scale,” noted Tether CEO Paolo Ardoino.

Plans for the firm’s launch of an “American” stablecoin as part of its entry into the US market were first revealed in May of last year. In September, it was announced that Bo Hines, a former executive director of the Cryptocurrency Advisory Board under President Donald Trump, would lead the local division.

Later, representatives of the issuer confirmed the asset’s release and added that Rumble, in which Tether invested $775 million in December 2024, would be a key platform for its promotion.

Gold Rush

Tether also reported that XAUT now accounts for more than half of the entire market for stablecoins backed by physical gold. The total value of the segment is estimated at $5 billion, with more than $2 billion attributed to the asset from the USDT issuer.

Tether Gold Accounts for More Than Half the Entire Gold-Backed Stablecoin Market as XAU₮ Surpasses $4 Billion in Value

Read more: https://t.co/BXrxBWsgHX

— Tether (@tether) January 26, 2026

By the end of the fourth quarter of 2025, there were 520,089 XAUT in circulation. The asset’s capitalization was $2.6 billion.

Ardoino stated that the Tether Gold fund, which holds physical bars to back the stablecoin, is now comparable in reserve volumes to several sovereign gold holders.

In September, the company’s total reserves reached 116 tonnes, comparable to the holdings of South Korea and Hungary. At that time, analysts at investment bank Jefferies speculated that Tether might purchase an additional 100 tonnes of physical gold by the end of the year.

In the fourth quarter, the firm added 27 tonnes to its reserves. According to a press release, it now ranks among the top 30 global gold holders, surpassing Greece, Qatar, and Australia in volume.

Demand for the tokenized precious metal is growing amid its rally. On January 26, the price exceeded $5,000 for the first time.

As reported, the volume of value transferred through USDC from Circle in 2025 surpassed that of USDT.