On September 12, 2025, Tether unveiled USA₮, a U.S.-regulated, dollar-backed stablecoin. The announcement also included the appointment of Bo Hines as CEO of Tether USA₮.
USA₮: A New Standard for U.S. Stablecoins
Stablecoins are digital tokens pegged to real-world assets, usually the U.S. dollar, and serve as the backbone of many crypto transactions. Tether’s existing USD₮ has already become a global digital dollar, with a market cap exceeding $169 billion and daily volumes that surpass many traditional payment networks. It has nearly 500 million users worldwide, including people in underbanked and underserved communities.
USA₮ is designed to take this model further. Fully regulated under U.S. law and backed by transparent reserves, USA₮ will provide businesses and institutions with a compliant alternative to cash. The token will comply with the recently enacted GENIUS Act, ensuring strong governance and legal oversight. USA₮ will leverage Tether’s Hadron technology for tokenizing real-world assets, with Anchorage Digital serving as the issuer and Cantor Fitzgerald acting as reserve custodian. These partnerships aim to provide a fully regulated, transparent, and resilient stablecoin option for the U.S. market.
Tether Unveils USA₮, its Planned U.S.-Regulated Dollar-Backed Stablecoin, and Will Appoint Bo Hines as CEO of Tether USA₮
Follow @USAT_io 🇺🇸https://t.co/w0JxBvttwv— Tether (@Tether_to) September 12, 2025
Bo Hines brings extensive experience at the intersection of law, policy, and business. As a former Executive Director of the White House Crypto Council, Hines has worked closely with regulators and financial innovators. His appointment signals Tether’s intent to launch USA₮ with strong U.S.-based leadership that understands American regulatory priorities.
More About Tether
OKX recently announced a major upgrade for decentralized finance. Unveiling USDT0, a unified liquidity protocol for USDT, in partnership with Tether. The new protocol allows one USDT to operate seamlessly across more than 12 blockchains, including Arbitrum, Optimism, Unichain, and Polygon.
DeFi just leveled up.
In partnership with @Tether_to, USDT0 — the unified liquidity protocol for USDT, the world’s largest stablecoin — is now live on X Layer, OKX, and Wallet.
✅ One USDT across 12+ chains incl. Arbitrum, Optimism, Unichain, & Polygon.
Read:… pic.twitter.com/DvEFwwt5o5
— OKX (@okx) September 9, 2025
USDT0 is now live on X Layer, OKX, and Wallet, providing users with a single, streamlined experience for moving and using the world’s largest stablecoin across multiple chains. This development simplifies cross-chain transactions and highlights the growing integration of stablecoins in DeFi.
Disclaimer
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