Wu Blockchain (@WuBlockchain): Tether’s GENIUS Act-Compliant USAT Launches on Celo in First Expansion Beyond Ethereum
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Tether’s GENIUS Act-Compliant USAT Launches on Celo in First Expansion Beyond Ethereum Tether’s GENIUS Act-compliant stablecoin USAT has launched on Celo, marking its second mainnet deployment after Ethereum. Issued by Anchorage Digital Bank, USAT supports native minting and burning on Celo and can be used directly to pay gas fees. Launched in January, USAT currently has a market capitalization of approximately $185 million.