Tether Unveils USAT: A New Dollar Stablecoin for the American Market
Date: 2025-09-15 Author: Gabriel Deangelo Categories: BUSINESS
The issuer of the world's largest stablecoin, Tether, has announced the launch of USAT, a new digital asset backed by the dollar and fully compliant with the requirements of American regulators. Bo Hines, who previously worked as an adviser on cryptocurrencies at the White House, has been appointed head of the Tether USAT division.
The situation in the United States is becoming increasingly difficult for Tether: tightening regulations threaten to oust USDT from the American market. One of the key conditions of the authorities is mandatory audit of reserves. In order not to lose ground, the company decided to split its business lines.
USAT will be issued by a separate legal entity that will comply with American law, including transparency and audit requirements. At the same time, the global USDT product will continue to function without restrictions in international markets.
The financial base of the new token will be about $100 billion in US Treasury bonds managed by the company. These assets should ensure compliance with the GENIUS Act, which requires that reserves be kept in government bonds and confirmed by regular audits.
The appointment of Bo Hines as CEO of Tether USAT should facilitate contacts with regulators and increase trust from Washington. His experience in government agencies will allow the company to establish a dialogue with the authorities and avoid possible conflicts.
Plans to create USAT were first announced in the spring of 2025. Then Tether CEO Paolo Ardoino noted in an interview with CNBC that the company was ready to adapt to the specifics of the American market without compromising USDT's global operations.
If regulators recognize $100 billion in bonds as sufficient reserves, USAT will be able to easily pass an audit and occupy a niche in the United States. At the same time, USDT will retain its previous flexibility for international users.
An additional factor in favor of the project is the political course of the Donald Trump administration. The White House views stablecoins as a tool for strengthening the dollar's position, which means that cooperation with the largest market player seems quite logical.
However, open questions remain. It is unclear whether users will be able to freely exchange USAT and USDT between themselves and how this will affect international cryptocurrency flows. However, the very fact of launching a new coin removes the main risk for Tether - non-compliance with American regulation.
Thus, the creation of USAT allows the company to simultaneously strengthen its position in the domestic US market and maintain the leadership of the global stablecoin USDT.
