Overview

• Anchorage Digital will issue USAT, while Cantor Fitzgerald will manage reserves and act as preferred primary dealer.
• Tether is targeting a late‑2025 launch for USAT, with shareholder stakes and revenue‑sharing details still to be finalized.
• Bo Hines, formerly a White House digital assets official, will lead the new U.S. unit from Charlotte, North Carolina.
• USAT is built to meet the GENIUS Act’s disclosure and reserve standards and will use Tether’s Hadron tokenization platform.
• The New York unveiling underscored Tether’s political push, drawing members of Congress and prominent industry lobbyists.