Tether Expands in U.S., Launches USAT

Published by

Sohrab Khawas

March 13, 2026

Tether is stepping up its focus on the U.S. market by launching a new dollar-backed stablecoin called USAT, designed to comply with U.S. regulations and serve American users and institutions. The company is also exploring a major fundraising round that could value it at around $500 billion, putting it among the most valuable private fintech firms. In 2025, Tether reported more than $10 billion in profit and holds roughly $122 billion in U.S. Treasuries, while expanding investments across crypto, energy, AI, and media.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Crypto news