USA₮ is Tether’s U.S.-regulated digital dollar, engineered specifically for the U.S. market as a payments-first, checking-style digital dollar – and it’s now available on PDAX. 

The aspiration for USA₮ is to become the “answer to the modernized U.S. financial landscape.” USA₮ is purpose-built for the U.S. market and its highly digital payment infrastructure, providing institutions with a digital dollar that is issued through a nationally chartered bank. It’s positioned more like a “digital checking-style dollar” for U.S. users and institutions. 

What is USA₮?

USA₮ is a U.S. dollar‑backed stablecoin built to comply with U.S. financial laws while offering the ease and speed of digital money on blockchains, focused on velocity, compliance, and integration with the American banking system. It’s designed so that 1 USA₮ is redeemable for 1 U.S. dollar, giving users a stable, predictable digital currency for payments, transfers, and blockchain‑enabled finance.

It’s optimized for faster payments and easier cross-border use, built on Ethereum and designed for smoother issuance across multiple networks through LayerZero technology. If a recipient only holds USD₮, seamless 1:1 swaps could execute automatically via DeFi.

Whether you’re paying a freelancer abroad or settling a business invoice, USA₮ moves in just a few seconds, not days, making them useful for people who want to use crypto tools without constantly dealing with price swings.

What makes USA₮ different?

Stablecoins act as a digital bridge between traditional money and blockchain value and USA₮ is positioned as a stablecoin designed for broader, real-world adoption. USA₮ takes this further by embedding regulatory compliance and institutional oversight into its foundation, making it appealing for:

• U.S. businesses and regulated institutions seeking compliant digital value rails;
• developers and platforms building payments, remittance, or compliant DeFi services; and
• everyday users who are looking for a digital dollar that’s transparent, stable, and globally transferable.

By aligning with national legislation and custody structures, USA₮ aims to offer a stablecoin that can operate alongside traditional banking systems, while still being able to deliver fast, on‑chain transactions.

Who issues USA₮?

USA₮ represents a strategic evolution in Tether’s stablecoin ecosystem. Unlike Tether’s global USD₮ token (commonly known as USD₮), which operates widely outside U.S. financial regulation, USA₮ is built specifically for the U.S. market under federal compliance frameworks like the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.

• It is issued by Anchorage Digital Bank, a federally chartered U.S. crypto bank.
• Its reserves are held and managed by regulated custodians, like American financial services firm Cantor Fitzgerald, to ensure transparency and backing.
• USA₮’s leadership includes Bo Hines, a former White House crypto advisor tapped to guide the stablecoin’s U.S. rollout.

“Today, with the introduction of USA₮ and Bo Hines’s appointment as future CEO of Tether USA₮, we are taking the next natural step, bringing that same strength to the U.S. under a world-leading U.S.-regulatory framework,” said Paolo Ardoino, CEO of Tether. 

“Tether is already one of the largest holders of U.S. Treasuries because we believe deeply in the enduring power of the dollar. USA₮ is our commitment to ensuring that the dollar not only remains dominant in the digital age, but thrives – through products that are more transparent, more resilient, more accessible, and more unstoppable than ever before.”

USA₮ Tokenomics

USA₮ is a fiat‑backed stablecoin rather than a speculative token, meaning, its supply expands or contracts based on real‑world U.S. dollar deposits held in regulated reserves. Each token is subject to transparency reporting as well with its strict federal compliance frameworks.

USA₮ mirrors USD₮’s proven structure with a 10bps mint/burn fee, ensuring a sustainable and predictable revenue model for partners.

There’s no inflation schedule, emissions, or reward distribution like typical utility tokens. Its value comes from stability and legal compliance.

With USA₮ now on PDAX, you can send and receive digital dollars instantly with lower friction than traditional transfers. Apart from that, you can use it as a stable value anchor in your crypto portfolio or for cross-border transactions. 

This integration helps bring a regulated digital dollar experience to Filipino PDAX users, blending traditional financial trust with blockchain convenience.

Ready to start with crypto? USA₮ is now on PDAX.

Disclaimer: PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems. Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis. PDAX does not endorse or approve any cryptocurrency, and assumes no responsibility for the content, accuracy or completeness of the same.

Important Note: USA₮ is not legal tender (as described in Section 5103 of Title 31, United States Code) and is not issued, backed, approved or guaranteed by the U.S. government. USA₮ is not subject to the insurance protections of the Federal Deposit Insurance Corporation (FDIC), the Securities Investor Protection Corporation (SIPC), or any other government agency. 

For inquiries or complaints, please contact us through the following channels: Chatbot: https://pdax.ph or https://web.pdax.ph/ (click webchat feature); ‘Customer Support’ webpage at https://support.pdax.ph; Email: support@pdax.ph. Please provide us your name, email address, and any other information that we may need to identify you, your PDAX Account, and the particulars of the Order and/or Transaction on which you have feedback, questions, or complaints. If you already have a registered PDAX account, please provide us your registered name and use your registered email address.

Philippine Digital Asset Exchange  (PDAX), Inc. is an entity regulated by the Bangko Sentral ng Pilipinas (BSP) https://www.bsp.gov.ph. You may get in touch with the BSP Consumer Protection and Market Conduct Office through the following channels:

Email: consumeraffairs@bsp.gov.ph;

Webchat: http://www.bsp.gov.ph (click webchat feature);

Facebook: https://www.facebook.com/BangkoSentralngPilipinas;

Direct Line: (02) 5306 2584 / (02) 8708 7087;

 Trunk Line: (02) 8708 7701 loc. 2584;  or

SMS: 21582277 (for Globe subscribers only).

For further details, you may refer to BSP’s Inclusive Finance – Consumer Protection.