Main notes
- The former CEO of the White House encryption board will lead the new Stablecoin initiative organized by the United States.
- Usat will be fully supported by dollars and will be released through Anchorage Digital with Cantor Fitzgerland as a reserve guard.
- The current USDT in Tether dominates the market with approximately 500 million users and 169.5 billion dollars per market.
Tether Stablecoin launches a new “USAT” which will be “designed for this purpose to serve the American market and support American regulatory standards” under the leadership of Po Heins, the former CEO of the White House encryption council.
Heinz joined the company as a consultant in mid -August. The USAT project will now lead as a CEO of Tether Usat, According to a September 12 press statement. Hinz said, in a general statement, that the company has started development on the new Stablecoin and that it focuses on “the construction of the US dollar -backed Stablecooin in the United States designed to enhance America’s role in the global economy.”
The company did not offer a expected launch date for USAT, but it said that the new Stablecoin will be “compatible with Genius Act” and that it will benefit from the Hadron’s distinctive code platform in the real world. It will also be fully supported in US dollars. Usat will be issued by the digital bank in Anchorage and Cantor Fitzgerland will act as a reserve for a reserve for costly reserve and the preferred main agent.
Usdt dominates the market with 500 million users
According to the press statement, the USDT Stablecoin from Tether now arrives at approximately 500 million users. Data from CoinmarketCap It indicates that USDT has a maximum market of about $ 169.5 billion. It is largely the largest Stablecoin by CAP, with Circle as its rival with the maximum market of $ 72.3 billion as of the time of the publication of this article.
The official USAT account was created on X.com in 2023, indicating that the company has the new Stablecoin, or a project that has a similar name, in its eyes for at least two years. It was not its first publications until September 12, 2025.
To date, no timeframe has been given to the USAT official launch date or whether there will be geographical restrictions that control it once it is issued.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Tristan is a technology journalist and editor -in -chief with 8 years of experience in covering science, technology, financing, politics and business. Before joining Coinspeaker, he wrote for Cointelegraph and TNW.
The post Tether Launches USAT Stablecoin for US Market Under Former White House Crypto Czar Bo Hines first appeared on Investorempires.com.
