#ETH 📢 News Item 1: Launch of the USA₮ Currency
• Tether Company announced its plan to launch a new stablecoin named USA₮.
The currency will be dedicated to the American market and will be subject to the new GENIUS law regulating stablecoins.
Launch Date: Before the end of 2025.
Issuing Authority: Through Anchorage Digital Bank, federally licensed.
Project CEO: Bo Hines.
Source: Reuters.
📢 News Item 2: Legal Status of USA₮
• USA₮ is not an official legal currency in the United States.
It means it is backed by the dollar and subject to regulation, but it is not recognized as an official currency like the US dollar.
It is used for trading and payments on platforms, but the government is not obliged to accept it for settling debts or taxes.
Source: Official announcement from Tether.
Summary:
USDT will remain for global use.
USA₮ is a regulated American version targeting the local market, but it is not a substitute for the dollar or for USDT
