Tether Launches USA₮: A New Era for Stablecoins
On September 12, 2025, the cryptocurrency firm Tether announced the launch of USA₮, a new stablecoin that will be regulated within the United States and pegged to the U.S. dollar. This innovative digital asset aims to enhance the existing landscape of stablecoins, which are designed to provide stability by being tied to tangible assets such as fiat currency, primarily the U.S. dollar.
Presently, Tether’s flagship coin, USD₮, boasts a staggering market capitalization that exceeds $169 billion and attracts daily trading volumes that competently rival traditional payment systems. Nearly half a billion users globally, including those from underserved populations, utilize USD₮ for their transactions.
Leadership and Compliance
In conjunction with the unveiling of USA₮, Tether appointed Bo Hines as the CEO of Tether USA₮. Hines, with his rich background in law and policy, previously served as the Executive Director of the White House Crypto Council, which gives him insightful experience regarding regulatory frameworks in the U.S. His leadership is indicative of Tether’s commitment to navigate the American regulatory landscape effectively as it rolls out the new stablecoin.
USA₮ is positioned not only to function as a dollar-backed digital currency but also to provide a legally compliant alternative to physical cash, thanks to its strict adherence to the provisions laid out in the recently passed GENIUS Act. The new stablecoin is expected to be backed by transparent reserves and will utilize Tether’s cutting-edge Hadron technology to facilitate the tokenization of real-world assets. In this endeavor, Anchorage Digital will serve as the issuer, while Cantor Fitzgerald will fulfill the role of reserve custodian, reinforcing the project’s transparency and resilience in the financial ecosystem.
Advancements in Decentralized Finance
In parallel to Tether’s developments, OKX made headlines on September 9, 2025, with the introduction of USDT0, an advanced liquidity protocol. This protocol enables seamless transactions of Tether’s USDT across over twelve different blockchain platforms, including Arbitrum, Optimism, Unichain, and Polygon. The launch of USDT0 signifies a significant upgrade in decentralized finance (DeFi), providing users with a unified way to interact with the world’s largest stablecoin across multiple chains, thus enhancing the ease and efficiency of cross-chain transactions.
