USAT, a stablecoin issued solely by Anchorage Digital Bank, is distinct from Tether's USDT and operates under specific issuer rules set by the GENIUS Act, which took effect in July 2025. The Act's main issuer framework begins January 2027, with the OCC issuing key regulations in October 2026. USAT holders generally trade on secondary markets, while only approved customers can mint or redeem directly. As of August 2026, USAT had about 175.7 million tokens in circulation backed by $176.4 million in reserves, highlighting its regulated and transparent structure ahead of the GENIUS Act's full implementation.
The news about Anchorage's USAT stablecoin issuance is presented here with Pluang's market data for context. As of Oct 28, 2026 12:02 WIB, 45 of 50 major cryptocurrencies on Pluang rose while 4 fell. Notable price changes include BAL at Rp16.297 with an 11.14% increase, EOS at Rp12.649 up 8.13%, and EGLD at Rp62.561 rising 6.50% with 100% buy order activity.
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