“USA₮ offers institutions an additional option: a dollar-backed token made in America.”
Tether finally plays ball with US regulators. Anchorage Digital Bank issues it, Cantor Fitzgerald holds the reserves, and a former White House crypto advisor runs the show. The company that spent years dodging regulatory scrutiny now wraps itself in the flag. They’re holding $17 billion in Treasuries and betting that playing nice beats fighting the feds.