Tether Unveils USA₾ Stablecoin Under GENIUS Act With Anchorage and Cantor Fitzgerald

Tether has introduced USA₾, a dollar-backed stablecoin issued by federally regulated Anchorage Digital Bank under the GENIUS Act framework. The token, backed by reserves managed by Cantor Fitzgerald, targets U.S. institutions and platforms and is listed on exchanges such as Kraken, OKX, Bybit, Crypto.com, and MoonPay. USA₾ is focused on the domestic U.S. market, is not legal tender, and is not insured by FDIC or SIPC.