Tether Launching USAT Stablecoin for U.S. Market

[Natalim]

So Tether is at it again, they just announced a new stablecoin called USAT that’s going to be U.S.-based and launched before the year ends. This time they’re doing it through Anchorage Digital Bank, and it’s supposed to follow the new GENIUS Act rules, meaning reserves have to be liquid, plus they’ll show monthly disclosures of what’s backing it. They even tapped a former White House guy (Bo Hines) to lead it.

Looks like Tether wants to play “legit” this time in the U.S., since they’ve been bashed for years about transparency. But honestly, will people even buy that story? Could just be them trying to hold their ground now that USDC is tight with regulators. If it clicks, they’ll get even deeper into Treasuries, but if U.S. regulators start poking around too much, it might blow up on them.

You think this changes anything, or are we still stuck with the same old USDT vs USDC story?


[1] https://www.reuters.com/sustainability/boards-policy-regulation/tether-unveils-usat-stablecoin-boost-us-market-presence-2025-09-12/
[2] https://www.congress.gov/bill/119th-congress/senate-bill/394/text
[3] https://cryptoslate.com/people/bo-hines/

[TastyChillySauce00]

We know how big the US market is and the fact that tether want to launch USAT means US market is too big and worth the launch.

With this news I'm expecting US based exchange to use USAT. I still think that global exchange still gonna use USDT and USAT to be introduced to the US based exchange for the sole reason of complying with GENIUS act.
There are many exchanges out there that have US branch, I think this launch is important for them.

[Natalim]

We know how big the US market is and the fact that tether want to launch USAT means US market is too big and worth the launch.

With this news I'm expecting US based exchange to use USAT. I still think that global exchange still gonna use USDT and USAT to be introduced to the US based exchange for the sole reason of complying with GENIUS act.
There are many exchanges out there that have US branch, I think this launch is important for them.

Of course, the US is a huge market but the regulation there is really tight. USDT probably learned their lesson after losing a big market because of compliance issues. Now they’ve come up with USAT before other stablecoins can take over in this race.

I think it’s a smart and timely decision, but the big question is, will it actually get approval in the US?

Crypto.com To Delist Tether USDT and 9 Other Tokens in Europe by January 31 To Comply with MiCA Regulations
Binance Finally Delists Tether USDT from European Spot Trading in Compliance with MiCA

[o48o]

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You think this changes anything, or are we still stuck with the same old USDT vs USDC story?

Change anything for whom? If they want to operate in US they need to follow US regulations, and apparently it's easier just to issue new stablecoin for it.

I am guessing this could happen in EU as well if they want to comply with MICA regulation. I am unaware how it could happen with USDT when they failed with that already. So maybe they launch USDE or something

And i don't think there's USDT vs USDC anymore unless some radical changes as USDC pretty much took over in EU at least. There however might come new players into this battle if tether is giving up.

[virasog]

We know how big the US market is and the fact that tether want to launch USAT means US market is too big and worth the launch.

With this news I'm expecting US based exchange to use USAT. I still think that global exchange still gonna use USDT and USAT to be introduced to the US based exchange for the sole reason of complying with GENIUS act.
There are many exchanges out there that have US branch, I think this launch is important for them.

So if the USAT is only for the US market, this means that people living outside the US won't be able to use or trade in USAT ? I think there is something big in plan and not just the launch of the stable coin for the US market. Tether never had their full audit for USDT, could it be that they slowly moving over to USAT globally once they get their steps in the US 

Also will they be allowed to enter in that space that has been captured by USDC and USD1 is also stable coin that is owned by World Liberty Financial and Trump and his family will want USD1 to be promoted and more widely used in the US.

[Abiky]

So Tether is at it again, they just announced a new stablecoin called USAT that’s going to be U.S.-based and launched before the year ends. This time they’re doing it through Anchorage Digital Bank, and it’s supposed to follow the new GENIUS Act rules, meaning reserves have to be liquid, plus they’ll show monthly disclosures of what’s backing it. They even tapped a former White House guy (Bo Hines) to lead it.

Looks like Tether wants to play “legit” this time in the U.S., since they’ve been bashed for years about transparency. But honestly, will people even buy that story? Could just be them trying to hold their ground now that USDC is tight with regulators. If it clicks, they’ll get even deeper into Treasuries, but if U.S. regulators start poking around too much, it might blow up on them.

You think this changes anything, or are we still stuck with the same old USDT vs USDC story?


[1] https://www.reuters.com/sustainability/boards-policy-regulation/tether-unveils-usat-stablecoin-boost-us-market-presence-2025-09-12/
[2] https://www.congress.gov/bill/119th-congress/senate-bill/394/text
[3] https://cryptoslate.com/people/bo-hines/

USAT? Does this mean Tether will "ditch" USDT in favor of a new stablecoin that's more "regulatory compliant"? Why re-invent the wheel? Can't Tether just use its existing stablecoin and modify it to help "please" the regulators? Unless, I'm getting this wrong. I'd say USDC is far ahead than USDT in terms of regulatory compliance. The only thing is its market cap is not as big as USDT's. But that doesn't matter. As long as the stablecoin has strong adoption, it won't be going anywhere.

With the "GENIUS" act officially signed into law in the US, I'm certain the stablecoins industry will grow bigger and stronger than ever. Let us hope Tether doesn't collapse in the long run, or it will be another disaster for the entire crypto market. We'll see what happens in the future.

[Kavelj22]

We know how big the US market is and the fact that tether want to launch USAT means US market is too big and worth the launch.

It's a big market, and also USA is the most regulated market. Exploring the US market isn't that easy like the most other crypto-friendly markets. A lot of other big companies in the crypto industry rely the most on the US market, and they are considered few compared to total number of crypto websites offering services worldwide.

USDT seeking for a new fresh start in US is a big step, however this doesn't deny the competitive market as well. US users have already start using stablecoins not supported by their regulated policy.

[Natalim]

USAT? Does this mean Tether will "ditch" USDT in favor of a new stablecoin that's more "regulatory compliant"? Why re-invent the wheel? Can't Tether just use its existing stablecoin and modify it to help "please" the regulators?

USDT will still remain Tether’s main product globally. It’s not banned in the US, but with the evolving regulations they want to make sure they provide maximum safety when it comes to compliance. That’s why USAT was created. So in the end, both USDT and USAT will stay under Tether.

[DeathAngel]

Tether is really growing, they are becoming a financial monster. With clearer regulatory rules in the US recently via The Genius Act, it gives them the platform to thrive. They are already my favourite stablecoin but this just further entrenches them as a major player in financial markets as we enter the digital age. USDC will not be too happy about it but it’s great for everybody else.

[virasog]

USAT? Does this mean Tether will "ditch" USDT in favor of a new stablecoin that's more "regulatory compliant"? Why re-invent the wheel? Can't Tether just use its existing stablecoin and modify it to help "please" the regulators? Unless, I'm getting this wrong. I'd say USDC is far ahead than USDT in terms of regulatory compliance. The only thing is its market cap is not as big as USDT's. But that doesn't matter. As long as the stablecoin has strong adoption, it won't be going anywhere.

With the "GENIUS" act officially signed into law in the US, I'm certain the stablecoins industry will grow bigger and stronger than ever. Let us hope Tether doesn't collapse in the long run, or it will be another disaster for the entire crypto market. We'll see what happens in the future.

Sooner or later, yes they will ditch the USDT and they will have no option. The reason is that I believe that tether is not transparent with USDT and there has been extra printing of the USDT without proper backing. That is the reason they never allow their full audit and now they will introduce USAT to grab the US market with full compliant and later they may spread it globally too, slowing giving up on the USDT. That is the way for them to survive for long term and compete with regulated stable coins like USDC.

[passwordnow]

It's about any potential market that they're going to get in and if USDC and other US based stable coins are big there. It's for sure that they want to get some market out of it, and that's what Tether is doing. This is about expanding their territories and it's usually what these companies do, next is if this USAT becomes more successful, we'd see the merge from USDT and USAT. But I doubt it will be just like what happened to Facebook's Libra.