Tether launches the US-regulated stablecoin "USAT" and appoints Bo Hines as CEO.

The world's largest stablecoin issuer Tether today officially announced the upcoming launch of a new, US-regulated dollar stablecoin "USA₮", and simultaneously announced that Bo Hines will serve as the CEO of Tether USA₮. This dual announcement is seen as an important milestone for Tether in promoting transparency, compliance, and technological innovation.

The global stablecoin leader strikes again: Tether launches USA₮

The USD₮ stablecoin under Tether is currently the largest and most widely used stablecoin in the world, with a market capitalization of up to 169 billion USD, and its daily trading volume even surpasses some mainstream payment systems and credit card institutions. Now, Tether plans to further strengthen the dollar's leadership position in the digital asset era through the newly launched USA₮.

This new stablecoin will be issued by a US-regulated entity and designed for compliance under the newly enacted "GENIUS Act", aiming to provide a reliable digital payment option for institutions and businesses, replacing cash and traditional payment infrastructure.

Compliance framework and technical support: The three major partners behind USA₮

The issuance of USA₮ will combine multiple forces, including:

Anchorage Digital: The first federally regulated crypto bank in the United States will serve as the Compliance issuance party.

Hadron by Tether: An asset tokenization platform under Tether that provides technical support.

Cantor Fitzgerald: As the designated custodian of reserve assets and a primary dealer, responsible for reserve fund management.

This configuration means that USA₮ is not just another stablecoin, but Tether's formal "ticket" to the U.S. compliance system, representing a significant expansion in the U.S. market in the future.

Bo Hines leads Tether USA₮, strengthening local leadership in the United States.

Tether announced that Bo Hines will serve as the CEO of Tether USA₮. Hines is the former executive director of the White House Cryptocurrency Council, with a background in law, policy, and entrepreneurship, and has previously worked to advance U.S. policy-making and governance in the digital asset space.

Tether CEO Paolo Ardoino stated: "We believe in the long-term strength of the US dollar, and we also believe that transparent and reliable products can not only continue the advantages of the dollar in the digital age but also make it stronger. USA₮ is the concrete realization of this belief."

Hines also responded: "I am honored to lead the development of USA₮. Our goal is to strike a balance between Compliance and innovation, creating the most trusted American stablecoin."

Under strong financial support, the Tether stablecoin empire has been upgraded again.

In addition to updates on products and personnel, Tether Group's financial performance is also remarkable. In 2024, the profit reached as high as 13 billion USD, and it continues to show growth in 2025, becoming the 18th largest holder of U.S. Treasury bonds in the world, surpassing Germany, South Korea, and Australia.

This not only reflects Tether's strong asset management capabilities but also strengthens the market's confidence in its stablecoin reserves, providing strong financial and reputational support for the issuance of USA₮.

Expand the US market, Tether creates the next generation digital dollar

The launch of USA₮ is not just the birth of a new product, but also part of Tether's vision towards "Digital Dollar 2.0". From technological innovation, regulatory Compliance to corporate governance, Tether is resetting the standards for the stablecoin industry. This also marks the gradual maturation of the partnership between the U.S. government and private enterprises, with stablecoins no longer being products in the "gray area", but rather a part of the mainstream financial framework.

This article Tether launches the US-regulated stablecoin "USAT" and appoints Bo Hines as CEO first appeared on Chain News ABMedia.