Tether Rolls Out Compliant Stablecoin USAT, Officially Stepping into the U.S. Market
2 day ago / Read about 0 minute
Author:小编   

Tether, the entity behind the well - known stablecoin USDT, has made a significant announcement. It is set to enter the U.S. market in a big way by introducing a compliant stablecoin, USAT, which is pegged to the U.S. dollar and specifically designed for the American market.

Anchorage Digital Bank will be responsible for issuing this new stablecoin. Meanwhile, Cantor Fitzgerald & Co. will hold the supporting assets. The launch of USAT is anticipated to take place before the end of the current year.

From a strategic perspective, Tether's move can be regarded as a blend of defensive and expansionary tactics. On one hand, it aims to serve the highly regulated U.S. market. On the other hand, it seeks to maintain the global influence that USDT has built up overseas.

Industry experts are of the opinion that this development represents a systemic trend. It indicates the transformation of stablecoins into general - purpose currencies used in daily life, and thus holds great symbolic importance.

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