PANews|Jul 29, 2026 14:14
[Tether's Compliant Stablecoin USA₮ Officially Launches on Celo, Marking Its Second Mainnet Deployment After Ethereum]
According to The Block, Tether's compliant stablecoin USA₮ (USAT) has officially launched on the Celo mainnet, marking its second mainnet deployment following Ethereum. The token is issued by Anchorage Digital Bank, can be natively minted and redeemed on Celo, and can be directly used to pay on-chain Gas fees through Celo's fee abstraction mechanism. USAT was launched in January this year and currently has a market capitalization of approximately $185 million.
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