Tether Launches USA₮ Stablecoin Regulated in the US Market
Tether has launched USA₮, a new dollar-backed stablecoin. According to reports, USA₮ is issued through Anchorage Digital Bank and is specifically designed for the U.S. market. The stablecoin operates under the GENIUS Act. The development signals Tether's focus on regulatory compliance within the United States. Stablecoins like USA₮ aim to provide a stable digital currency alternative, often pegged to the U.S. dollar, and are used in cryptocurrency trading, DeFi applications, and as a means of storing value.
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