The cryptocurrency sector continues to surprise. Tether has announced the launch of the new stablecoin USAT, which aims to comply with U.S. legal requirements and strengthen the digital influence of the dollar.
USAT as a Tool of Financial Power
Tether has introduced USAT as a new financial tool compliant with U.S. regulations. The stablecoin is part of the GENIUS project and is backed by Tether’s Hadron platform. CEO Paolo Ardoino highlighted that Tether is one of the main holders of U.S. Treasury bonds, emphasizing that USAT is not just a stablecoin but a significant step in strengthening the digital dominance of the dollar.
Bo Hines: The Political Profile Behind the Innovation
Bo Hines’s appointment as the head of the USAT project is no coincidence. As a former White House crypto advisor, he brings rare knowledge and experience in the regulation of stablecoins. In a context where the U.S. Treasury views these tokens as a means to expand dollar hegemony, Hines adds legitimacy and political significance to the project.
Stablecoins and Global Competition
The stablecoin market has become an arena for global competition involving not only the U.S. but also other countries. Hong Kong attracts major banks with favorable regulations for yuan-backed stablecoins, while others, like Russia, accuse the U.S. of using stablecoins to manipulate their debt. USAT is more than a financial product, establishing itself as a tool of geopolitical influence, confirming that stablecoins play a crucial role in modern financial relations.
Thus, Tether’s launch of USAT not only brings innovations to the market but also strengthens its position in the context of financial power and sovereignty. As competition intensifies, the company may also consider expanding its initiatives, including backing with assets like gold.
