Story thread · 4 reports / 4 sources

Tether’s USAT Lands on Celo – A Distribution Play, Not a Product Launch

forkast.news · 12dShare

Tether’s launch of its GENIUS Act-compliant USAT stablecoin on the Celo blockchain is not a product play; it is a calculated distribution play. By deploying on a network that already handles approximately 28% of cross-chain USDT transfers, Tether is prioritizing the expansion of its regulated footprint over the introduction of novel financial primitives. This deployment […]

First report: Tether’s GENIUS-compliant USAT stablecoin launches on Celo, marking first expansion beyond Ethereum — theblock.co, 13d