USAT (USAT)
USA₮ (USAT) is a U.S.-focused dollar stablecoin associated with Tether and designed for operation within a federally regulated American stablecoin framework. Like other dollar-backed stablecoins, its central purpose is to maintain a stable value relative to the U.S. dollar, giving users a blockchain-based asset for payments, transfers, trading, and settlement without the price volatility typical of most cryptocurrencies.
The token is described as being issued by Anchorage Digital Bank, N.A., a federally regulated crypto bank in the United States. That structure is intended to distinguish USA₮ from offshore or globally issued stablecoins by placing issuance and oversight within the U.S. regulatory perimeter. For market participants, this makes the asset part of a broader shift toward stablecoins that are designed to meet domestic compliance, reserve, and operational standards.
Stablecoins play a major role across digital asset markets because they act as cash-like instruments on blockchains. Traders use them as quote currencies on exchanges, DeFi users deploy them for lending and liquidity, and payment providers use them to move dollar value quickly across networks. USA₮ targets that same utility while focusing specifically on U.S. regulatory alignment.
Its importance depends on reserve transparency, redemption reliability, network support, exchange listings, and the extent to which regulated institutions choose to adopt it. In a market where Tether’s USDT is widely used globally and competitors such as USDC emphasize compliance and transparency, USA₮ represents a more domestically oriented stablecoin product aimed at combining dollar-backed blockchain settlement with U.S.-based issuance controls.
Last updated
- Market Cap
- $167M
- Fully Diluted Valuation
- $167M
- 24 Hour Trading Vol
- $2.6M
- Circulating Supply
- 167M
- Total Supply
- 167M
- Max Supply
- —
Tether’s USAT Stablecoin Surges 540% in April Amid Institutional Adoption
Tether's USAT supply increased by 540% month-over-month.
DECRYPT: Tether's USAT Token Sees Over 500% Boost in Circulating Supply
USAT supply surges 540 percent in April to $140.8M
Tether's U.S.-focused stablecoin grows over 500% in a month, but still lags main rivals
THE BLOCK: Tether's USAT supply grows 540% month-over-month, latest attestation shows
Tether’s USAT Exists So USDT Never Has To Comply
Gemini adds USAT, XAUT, and USDT0 to its expanding stablecoin ecosystem
Tether launches self-custodial wallet with cloud backup option
Tether Introduces Multichain Self-Custodial Wallet
Tether Taps KPMG for Full USDT Audit as It Eyes U.S. Expansion and $20B Fundraise
Tether Finally Reveals KPMG as Its First Full Auditor: Here’s What’s at Stake
Bloomberg: Tether is seeking to boost its valuation to $500 billion, becoming one of the world's most highly valued private companies
- Market Cap
- $167,254,937
- Fully Diluted Valuation
- $167,254,937
- 24 Hour Trading Vol
- $2,556,551
- 24h High
- $0.998687
- 24h Low
- $0.998096
- 24h Change
- +0.04%
- 7d Change
- +0.03%
- 30d Change
- -0.07%
- 1y Change
- 0.00%
- Market Cap Rank
- #197
- Market Cap Rank (rehypothecated)
- #273
- Circulating Supply
- 167,485,344
- Total Supply
- 167,485,344
- Max Supply
- —
- All-time high
- $1.002 (-0.37%) · Feb 2, 2026, 1:21 AM
- All-time low
- $0.99608 (+0.26%) · Mar 8, 2026, 9:50 AM
- Website usat.io
- X / Twitter twitter.com/usat