Tether Launches New US Dollar-Backed Stablecoin “USAT” #
Tether, the world’s largest stablecoin issuer, has unveiled a new U.S. dollar-pegged token called USAT, expanding its portfolio beyond USDT, EURT, and XAUT. The new asset will be available on multiple blockchains and is designed to meet rising global demand for dollar-denominated stablecoins, particularly in emerging markets where access to U.S. banking remains limited
Tether says USAT will be backed 1:1 with U.S. dollar reserves and managed under the same attestation framework as USDT, which currently has a market capitalization above $120 billion. The launch comes as regulators worldwide intensify scrutiny of stablecoins, while at the same time recognizing their growing role in payments, remittances, and digital commerce.