Overview

• Tether said it aims to launch USAT by December 2025 after unveiling the project at a Sept. 12 event in New York.
• Former White House digital-assets advisor Bo Hines was appointed CEO of the new U.S. venture, which will be based in Charlotte, North Carolina.
• Anchorage Digital will issue the stablecoin under the new U.S. framework, with Cantor Fitzgerald serving as reserve custodian and preferred primary dealer.
• USAT is positioned for U.S. businesses and institutions operating under domestic rules, while USDT continues as Tether’s global dollar token.
• Tether says USAT is built to meet the GENIUS Act’s reserve and disclosure standards, a model meant to address long-running concerns about transparency.