“Tether enters the US market with USA₮, a federally regulated digital dollar built specifically for the American financial system.”, — write: www.fxempire.com
Meanwhile, the CEO of Tether, Paolo Ardoino, said: “USD₮ has proven for more than a decade that digital dollars can deliver trust, transparency, and utility at a global scale. USA₮ extends that mission by providing a federally regulated product designed for the American market.”
Tether highlighted that Anchorage has built a “scalable infrastructure with on-chain transparency, deeply integrated risk management, and bank-grade compliance,” to make USAT an institutional-grade stablecoin.
Anchorage will be using Hadron, a real-world assets (RWAs) tokenization platform developed by Tether that allows issuers to create blockchain-based assets backed by RWAs in four simple steps.
USAT Already Has an ERC-20 Token Address Same as USDT, USAT will be fully backed by USD reserves following a 1:1 ratio. No details were provided in terms of interoperability except for the token’s official contract address on Ethereum.