Tether Expands Stablecoin Reach with USA₮ Launch on Celo

Tether has significantly expanded its stablecoin offerings by launching USA₮ on the Celo blockchain, making it the second network to support this regulated asset after Ethereum.

This move enables built-in gas fee payments using USA₮ itself, eliminating the need for users to acquire a separate network token before sending transactions.

Celo's growing position as a leading network for stablecoin activity and cross-border financial services has been further strengthened by this development.

The USA₮ stablecoin operates under Anchorage Digital Bank and follows the requirements of the GENIUS Act, with Cantor Fitzgerald safeguarding its reserves.