Tether Selects Anchorage Digital to Set New Standard for U.S. Stablecoins

Anchorage Digital Selected to Issue USA₮, a New GENIUS compliant U.S. Token from the Global Stablecoin Leader

The future of digital dollars is here. Tether, the largest stablecoin company in the world, is collaborating with Anchorage Digital to set a new standard for the U.S. stablecoin ecosystem. Together, we are launching a new, GENIUS Act-compliant stablecoin for the U.S. marketplace, USA₮—issued from Anchorage Digital Bank NA, the first and only U.S. federally chartered digital asset bank.    

With over $160 billion in circulation globally, Tether has long been a first-mover in digital asset innovation and the bedrock of global stablecoin adoption. As the largest stablecoin in the world, USDT is trusted by more than 500 million users globally to bring safe, secure, and streamlined access to the U.S. dollar. 

Now, Tether is bringing that proven scale to the U.S. market through industry-leading stablecoin infrastructure from Anchorage Digital Bank. The new collaboration bridges the gap between digital asset innovation and the regulatory compliance that only a federally chartered bank can provide. As part of the collaboration, Anchorage Digital Bank will manage the issuance, reserve management, and financial, compliance, and risk management of the new stablecoin.

"The GENIUS Act laid out the vision for U.S. stablecoin leadership—now, Anchorage Digital and Tether are making it a reality. Bringing the largest stablecoin ecosystem in the world to the U.S. under federal oversight is exactly what American consumers and institutions need. With the scale of Tether and the regulatory certainty of Anchorage Digital, we are setting the gold standard for the U.S. stablecoin market. This is about more than just launching a new token—it is about advancing the strength of the U.S. dollar globally for decades to come.
Nathan McCauley, CEO and Co-Founder of Anchorage Digital

As a regulatory leader with crypto-native DNA, Anchorage Digital is the stablecoin issuer of choice for institutions. With deep, multi-chain expertise and a proven track record in safeguarding tens of billions of dollars in crypto for the largest institutions in the world, Anchorage Digital is the company that stablecoin leaders like Tether choose to scale for the long-term. 

"We are pleased that Anchorage Digital, the first and only federally regulated crypto bank, will be the issuer supporting the launch of USA₮, the first stablecoin created specifically for the United States, providing the fully regulated foundation for Tether to bring digital dollars to America. With USA₮, Americans will finally have access to the same speed, reliability, and trust that have made Tether essential around the world. USA₮ is made for America - built to strengthen the dollar, support everyday people, and reinforce the U.S. economy for years to come.
Paolo Ardoino, CEO of Tether

Together, Anchorage Digital and Tether are pioneering a new chapter in the digital asset economy, one where innovation and regulation work hand-in-hand to unlock the full potential of the U.S. dollar.  

About Tether

Tether is a pioneer in the field of stablecoin technology, driven by an aim to revolutionize the global financial landscape. With a mission to provide accessible and efficient financial, communication, artificial intelligence, and energy infrastructure. Tether enables greater financial inclusion, and communication resilience, fosters economic growth, and empowers individuals and businesses alike.

As the creator of the largest, most transparent, and liquid stablecoin in the industry, Tether is dedicated to building sustainable and resilient infrastructure for the benefit of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.

About Anchorage Digital

Anchorage Digital is a global crypto platform that enables institutions to participate in digital assets through trading, staking, custody, governance, settlement, stablecoin issuance, and the industry’s leading security infrastructure. Home to Anchorage Digital Bank N.A., the only federally chartered crypto bank in the U.S., Anchorage Digital also serves institutions through Anchorage Digital Singapore, which is licensed by the Monetary Authority of Singapore; Anchorage Digital NY, which holds a BitLicense from the New York Department of Financial Services; and self-custody wallet Porto by Anchorage Digital. Anchorage Digital principal trading services offered through A1 Ltd. Anchorage Digital agency trading services offered to N.Y. clients exclusively through Anchorage Digital New York. Recently, through the enactment of GENIUS, Anchorage Digital Bank became the only U.S., federally regulated and GENIUS-compliant stablecoin issuer bank. The company is funded by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, with its Series D valuation over $3 billion. Founded in 2017 in San Francisco, California, Anchorage Digital has offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at anchorage.com, on X @Anchorage, and on LinkedIn.

This post is intended for informational purposes only. It is not to be construed as and does not constitute an offer to sell or a solicitation of an offer to purchase any securities in Anchor Labs, Inc., or any of its subsidiaries, and should not be relied upon to make any investment decisions. Furthermore, nothing within this announcement is intended to provide tax, legal, or investment advice and its contents should not be construed as a recommendation to buy, sell, or hold any security or digital asset or to engage in any transaction therein.

Anchorage Digital Bank National Association offers fiat custody services through the use of an FDIC-insured, licensed sub-custodian.

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