Trust Score pending calculation
Key Facts
- Peg Currency
- USD
- Backing Type
- Cash & US Treasuries
- Audit Frequency
- None
- Reserve Ratio
- N/A
- GENIUS Act Compliant
- Yes
- GENIUS Act Effective
- January 18, 2027
- Freeze Capable
- Yes
- Yield Paid
- No
Global Regulatory Status
Reserve Structure
Reserve & Custody
Reserves segregated from issuer
Cannot be rehypothecated
Reserve Custodians
Segregated express trust under South Dakota law for USAT reserves. Assets segregated from Anchorage general assets, no rehypothecation permitted. Trustee: Anchorage Digital Bank, N.A.
Designated reserve custodian and preferred primary dealer for USAT reserves per Tether announcement (January 2026)
Reserve Attestation
No attestation data available
This stablecoin does not publish regular reserve attestations.
Redemption
- Direct Redemption
- Yes
- Anchorage Digital Bank client account required
- KYC/AML required
- Direct redemption only available to clients with written account agreement
- Non-clients cannot redeem directly with issuer
Chain Support
Historical Timeline
No historical events recorded
No historical events on record
This issuer has no recorded incidents, legal actions, controversies, or audit history changes
Financial Incidents
No incidents recordedNo financial incidents on record
According to our research as of February 1, 2026
Banking Relationships
2 active, 0 terminated
Active Relationships
USAT Reserve Trust
ActiveSegregated express trust under South Dakota law for USAT reserves. Assets segregated from Anchorage general assets, no rehypothecation permitted. Trustee: Anchorage Digital Bank, N.A.
Cantor Fitzgerald
ActiveDesignated reserve custodian and preferred primary dealer for USAT reserves per Tether announcement (January 2026)
Audit History
No auditor change history on record
Current auditor: Not disclosed
Related Stablecoins
Issuer
- Anchorage Digital Bank, N.A.(us • National Bank)
- Anchorage Digital NY(us • BitLicense Entity)
- Anchorage Digital Singapore(sg • Payment Services Provider)
- OCC National Bank Charter
- GENIUS Act Authorized Stablecoin Issuer
- NY BitLicense (via Anchorage Digital NY)
- MAS License (via Anchorage Digital Singapore)