Tether is stepping up its presence in the U.S. stablecoin market. According to Bloomberg, the company recently launched a new stablecoin called $USAT while pursuing fundraising that could value the firm at $500 billion. Moreover, CEO Paolo Ardoino reported that Tether earned over $10 billion in profits in 2025. In addition, the company holds about $122 billion in U.S. Treasuries, making it one of the largest private holders of American debt.
Bloomberg: Tether is expanding its focus on the U.S. market and has launched a new stablecoin, $USAT, while seeking fundraising that could value the company at around $500 billion, according to CEO Paolo Ardoino. Tether reported over $10 billion in profit in 2025 and holds about… pic.twitter.com/zSsMS7ZEE7
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Tether Expands U.S. Focus with $USAT
The new $USAT stablecoin is designed specifically for the U.S. market and will operate through Anchorage Digital Bank. Furthermore, it aligns with the GENIUS Act, co-authored by Ardoino’s ally Bo Hines, which positions it for regulatory approval. Consequently, Tether aims to compete in the increasingly crowded U.S. stablecoin space. Industry analysts note that this expansion not only seeks adoption but also legitimacy under stricter financial oversight.
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