Anchorage Digital and Tether Introduce USA₮

When it comes to the future of digital dollars, the United States made a clear choice: build them at home, under American standards, and within the U.S. financial system.

Today, Anchorage Digital, home to America’s first federally chartered crypto-native bank and stablecoin issuer, has issued USA₮, Tether’s U.S.-regulated, dollar-backed stablecoin designed specifically for the American market. This launch is a milestone for the United States: a globally scaled stablecoin ecosystem paired with the only digital asset bank to operate under five years of federal supervision.

The launch of USA₮ marks a historic moment for the crypto industry: Tether, the largest company in digital assets, is supporting entry of USA₮ into the U.S. market and giving Americans a way to spend, send, and receive money with near-instant speed.

Anchorage Digital Bank issues USA₮ directly from its federally regulated bank, Anchorage Digital Bank, N.A., bringing stablecoin issuance into the core of U.S. financial infrastructure. For institutions navigating a rapidly evolving regulatory environment, USA₮ offers a trusted foundation: transparent reserves, robust controls, and operational discipline drawn from traditional banking, coupled with the speed and programmability of on-chain rails.

That foundation is the result of years of work. Anchorage Digital has built secure, scalable infrastructure with on-chain transparency, deeply integrated risk management, and bank-grade compliance. USA₮ is not simply designed to satisfy regulatory requirements, but to function reliably within them—day in and day out, at institutional scale.

“Stablecoins are fast becoming critical financial infrastructure, and infrastructure needs a trusted foundation. For five years, we’ve operated as a federally regulated bank, purpose-built for digital assets. USA₮ reflects what’s possible when stablecoin issuance is done inside the U.S. banking system, under real supervision, with real accountability, at real scale.” —Nathan McCauley, CEO and Co-Founder of Anchorage Digital

For Tether, the launch represents an expansion of the stablecoin ecosystem with a federally regulated product.

“USA₮ offers institutions an additional option: a dollar-backed token issued within a U.S. federal regulatory framework. 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 U.S.-regulated product designed for the American market." —Paolo Ardoino, CEO of Tether

USA₮ complements USD₮ and Tether’s global ecosystem by offering a stablecoin issued through a nationally chartered bank for use within the United States. Issuance through Anchorage Digital Bank ensures that USA₮ is regulated under the federal oversight of the Office of the Comptroller of the Currency.

Stablecoins started as an experiment. Now they're quickly evolving into core financial infrastructure. USA₮ accelerates this shift by bringing together the world’s largest stablecoin issuer and the institutional-grade security of the first federally regulated digital asset bank, establishing a new standard for trust, transparency, and scale in the next era of digital dollars.

To find out more about our stablecoin issuance capabilities, please get in touch. 

Important Note:
USA₮ is not legal tender (as described in section 5103 of title 31, United States Code) and is not issued, backed, approved, or guaranteed by the U.S. government. USA₮ is not subject to the insurance protections of the Federal Deposit Insurance Corporation (FDIC), the Securities Investor Protection Corporation (SIPC), or any other government agency. 

Tether Operations, S.A. de C.V. is not the issuer of USA₮. The issuer of USA₮ is Anchorage Digital Bank, N.A