Tether announces launch of USAT, a federally regulated dollar-backed stablecoin made in America

Tether·Tuesday, November 12, 2024·regulatory·positive

Tether unveiled USAT, a U.S.-regulated, dollar-backed stablecoin designed to meet federal compliance standards while keeping reserves fully backed by cash and cash equivalents.

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stablecoin:USATissuer:Tetherregulator:U.S. Federal Regulators

Coverage from 3 other sources

CoinDeskCircle faces first major threat for institutional dollars from Tethers USAT CoinGeekTether launches US-facing stablecoin, Circle investors say meh Yahoo FinanceCrypto giant Tether pushes into the U.S. with USAT stablecoin

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