Tether, the world’s largest stablecoin issuer, has officially entered the U.S. market with the launch of its new dollar-backed stablecoin, USAT.

 

The company said Tuesday that USAT is now live and available to U.S. users, designed to operate under the country’s federal regulatory framework. Until now, Tether’s flagship stablecoin USDT — despite being backed by dollar-based reserves and boasting a $187 billion supply — has not been accessible to American customers.

 

USAT’s launch follows the passage of the GENIUS Act, a U.S. stablecoin law approved by Congress last summer, which opened the door for regulated stablecoin issuance in the country.

 

The move comes as global interest in stablecoins continues to surge, with major financial institutions preparing for large-scale adoption. Speaking at the World Economic Forum last week, Circle CEO Jeremy Allaire said stablecoin use across the banking system is accelerating, potentially growing at a 40% annual rate, as banks increasingly view them as core financial infrastructure rather than experimental crypto products.