Overview

• Tether is targeting a December 2025 rollout for USAT, with the U.S. operation based in Charlotte under CEO-designate Bo Hines.
• Anchorage Digital will serve as the GENIUS Act–compliant issuer, and Cantor Fitzgerald is designated as custodian and preferred primary dealer for reserves.
• USAT is built for U.S. businesses and institutions and is being designed to comply with federal requirements for fully backed, regularly disclosed reserves.
• Tether says USAT will complement its global USDT stablecoin rather than replace it, with USDT’s market capitalization reported near $169–170 billion.
• The New York unveiling marked Tether’s formal U.S. push as the company seeks to pair new regulatory alignment and partnerships with responses to long-standing scrutiny over transparency and oversight.