USAT (USAT) AUD Price

USAT Price Data

USAT (USAT) currently has a price of $1.43 and is up 0.00085% over the last 24 hours. The cryptocurrency is ranked 178 with a market cap of $264.5M. Over the last 24 hours, it saw $4.7M of trading volume. The token has a circulating supply of 185.5M tokens out of a total supply of 185.5M tokens.

Tether America USD (USAT) is a fully US-regulated, dollar-backed stablecoin structurally engineered to satisfy the rigorous compliance and transparency mandates of the GENIUS Act payment stablecoin framework. Developed in an architectural partnership with Tether and launched on January 27, 2026, USAT serves as a highly compliant digital settlement layer optimized for domestic enterprises, institutional market makers, and regulated corporate treasuries. Unlike Tether’s flagship global stablecoin (USDT), USAT is managed under entirely separate banking rails, distinct reserve accounts, and a starkly localized oversight paradigm designed specifically for the United States financial ecosystem.

The issuance, minting, and burning protocols of USAT are centrally processed by Anchorage Digital Bank, N.A., which leverages its position as the premier federally chartered, crypto-native bank supervised by the Office of the Comptroller of the Currency (OCC). To maintain an unwavering 1:1 redemption peg with the US dollar, 100% of the asset's backing is restricted to physical cash, short-duration US Treasury instruments, and overnight repurchase agreements. These reserves are held under the strict third-party custody of Cantor Fitzgerald, serving as the designated preferred primary dealer. Operating in alignment with modern federal oversight, the network enforces strict anti-money laundering (AML) and Bank Secrecy Act (BSA) compliance directly on-chain while publishing mandatory monthly public reserve attestations.

Initially deployed across primary institutional hubs on the Ethereum network, USAT functions natively as programmable digital cash that entirely bypasses traditional legacy banking delays. Its multi-chain architecture provides automated, zero-day clearing and settlements for wholesale transactions, corporate payrolls, and permissioned decentralized finance (DeFi) liquidity pools. By utilizing Tether’s massive global distribution infrastructure alongside the security of a federal banking charter, USAT offers an institutional-grade "total return" and asset-preservation vehicle, bridging the divide between Wall Street capital allocation and secure, on-chain dollar mobility.