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View ChartUSAT is a U.S.-regulated, USD-pegged stablecoin issued by Anchorage Digital and supported by Tether, designed to always be worth one U.S. Dollar. It is fully collateralized by short-term U.S. Treasury Bills held off-chain, with no rehypothecation or leverage. The token was created to comply with the GENIUS Act, a U.S. law that established a regulatory framework for digital dollars. USAT launched on Jan. 27, 2026, and is issued on the Ethereum blockchain. Its circulating supply is approximately 184.31 million tokens, representing 100% of total supply, with no maximum supply cap. The project represents Tether's strategic push into the U.S. market, combining proven reserve management with stricter compliance oversight.
USAT was launched by Tether, the world's largest stablecoin issuer, with Anchorage Digital acting as both issuer and custodian under U.S. regulatory oversight. The project is led by Bo Hines, CEO of USAT, who previously served as Trump's top crypto official. Paolo Ardoino, CEO of Tether, has publicly endorsed the initiative. Howard Lutnick, former CEO of Cantor Fitzgerald and the president's commerce secretary, is associated with the project through Cantor Fitzgerald, which manages USAT's reserves. Anchorage Digital is a federally chartered bank and U.S.-regulated digital asset institution. Tether reported $15 billion in profits last year and holds more than 60% of the stablecoin market share.
USAT operates as a USD-pegged stablecoin on the Ethereum blockchain, with each token designed to maintain a 1:1 value with the U.S. Dollar. The token is fully collateralized by short-term U.S. Treasury Bills held off-chain in regulated U.S. institutions. Cantor Fitzgerald manages the reserves, and Anchorage Digital serves as both issuer and custodian. There is no rehypothecation or leverage involved. Periodic disclosures and attestations are provided to ensure transparency. The stablecoin is designed to comply with the GENIUS Act, operating under U.S. regulatory supervision. Users can spend, send, and receive USAT instantly from their phones, with redemption available at one dollar per token.
USAT distinguishes itself through its fully regulated U.S. structure, combining Tether's proven reserve management with stricter compliance oversight. It is one of the most transparent stablecoins available, with 100% collateralization by short-term U.S. Treasury Bills and no leverage. The token is designed for the Internet age, enabling instant payments without intermediaries. Its compliance with the GENIUS Act positions it as a trustworthy option for users in the United States and abroad. The launch reinforces Tether's goal of connecting traditional finance with blockchain technology. USAT also benefits from Tether's dominant market position and Anchorage Digital's regulated custody framework.
USAT functions as a primary medium of value for everyday transactions. It enables users to spend, send, and receive money instantly from their phones. The token is accepted on platforms like Oobit, allowing users to pay with USAT where they already pay. Use cases include treasury holding of dollars, business payments, international money transfers to countries such as the USA, Brazil, Argentina, and the UAE, ATM withdrawals, and crypto cashback. Each token equals one dollar, ensuring price stability and easy redemption. USAT is designed for both individuals and businesses seeking a compliant digital dollar for payments and value storage.
The USAT ecosystem is expanding through integrations with payment platforms and exchanges. Oobit supports USAT payments, providing technology that enables users to spend digital assets through existing payment networks. US Cryptocurrency services are provided in partnership with Bakkt Crypto Solutions LLC, which is registered with FinCEN as a Money Services Business and holds state money transmitter licenses. USAT is listed on multiple price-tracking platforms and supports conversion pairs including AUD, BRL, CAD, EUR, GBP, HKD, RUB, SGD, TWD, and KRW. The Oobit app holds 4.8 stars on the App Store with over 22,000 reviews and 4.7 stars on Google Play with over 25,000 reviews.
USAT is not mined through proof-of-work or staking mechanisms. As a fiat-backed stablecoin, it is issued by Anchorage Digital and backed by U.S. Treasury Bills held in reserve. There is no mining or staking process for acquiring USAT. Users obtain the token through supported exchanges, payment platforms, or direct issuance channels. The supply is managed by the issuer to maintain the 1:1 peg with the U.S. Dollar. Holding USAT does not generate staking rewards or yield by default. The token's value is derived from its collateral backing rather than network consensus incentives.
Store USAT in reputable wallets that support Ethereum-based tokens, such as hardware wallets for maximum security or well-reviewed software wallets for convenience. Enable two-factor authentication and use strong, unique passwords for exchange accounts. Verify contract addresses before interacting with any token. Be aware of potential policy updates or liquidity differences between exchanges, as these may affect transfer costs or redemption speed. Network fees and exchange policies can impact transactions. Never share private keys or seed phrases. For additional protection, consider using regulated platforms with robust security measures and insurance coverage where available.
USAT may be listed on select exchanges. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended.
Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
Deposit Funds: Deposit fiat currency via bank transfer, card, or third-party payment, or transfer USDT from an external wallet into your BTCC account.
Start Trading: Go to the trading page and search for the spot trading pair USAT/USDT or the perpetual contract USATUSDT.
Place an Order: Enter the amount of USAT you wish to purchase and submit the order. For contract trading, you can also choose to go short and adjust the leverage multiplier according to your strategy and risk tolerance.
Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
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Thank you for your interest in BTCC. Currently, spot and futures trading services for USAT are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of USAT (USAT) is C$1.418129. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated USAT to USD rate at the top of BTCC’s price page. In terms of market scope, USAT records a 24h trading volume of C$1.232276M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$259.970103M. Its current circulating supply stands at 183.32M out of a maximum supply cap of ∞.
The price volatility of USAT (USAT) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (183.32M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, USAT (USAT) hit an all-time high (ATH) of C$1.445618 on 2026-02-24 04:30, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$1.381444 on 2026-02-21 22:00. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading USAT futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$1.232276M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s USATUSDT perpetual contracts support two-way trading. If you anticipate a price decline for USAT, simply log into your BTCC account with USDT margin available, navigate to the USATUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for USATUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$1.418129), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for USATUSDT with zero financial risk.
Trading USAT (USAT) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for USATUSDT, and review its live price (C$1.418129) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.