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12/09/25 09:23 UTC-04

Tether to Launch U.S. Stablecoin for American Residents

Cryptocurrency company Tether plans to launch a U.S. stablecoin called USAT, designed specifically for American residents, CEO Paolo Ardoino announced Friday at a press conference in New York.

Former White House staffer Bo Hines will lead the new venture as CEO, with the launch expected by the end of 2025. Hines, who was appointed a strategic advisor to Tether in August, expressed optimism about the company’s growth trajectory.

“We want people to know that Tether is here for large-scale participation in the U.S. economy,” Hines said. “I think our expansion will be massive over the next 12–24 months.”

The El Salvador-based company described USAT as “designed in compliance with the recently passed GENIUS Act,” referring to new U.S. regulations governing stablecoins. Ardoino explained that Tether’s existing dollar-pegged stablecoin, USDT, which is already available on U.S. exchanges, will also comply with the GENIUS Act while remaining a foreign stablecoin issuer.

According to Ardoino, USAT will be issued by Anchorage Digital Bank, which holds a national banking charter from the U.S. Office of the Comptroller of the Currency. He noted that there are no plans to offer yield for USAT.

This initiative represents Tether’s latest attempt to strengthen its presence in the United States, where crypto companies have benefited from President Donald Trump’s pro-crypto stance.

See also: "Altcoin season indicators rise as Bitcoin loses market share"

#USA #Stablecoins #Tether

Editor: Alyona Nabok
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