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Project

USAT

Tether's US-dollar stablecoin for the American market, issued through Anchorage Digital Bank, N.A. and separate from the global USDT token.

Known aliases

  • USA₮

Current stories

investConfirmed3 publishers

Tether invests in EFY Finance's seed round; firm says it settles to local accounts in 17 countries

Tether joined the seed round of EFY Finance, which says it settles to local accounts in 17 countries. Tether did not disclose what it paid, how big the round was or at what valuation, so the price of that reach cannot be worked out.

Perspective Coverage

3 publishers
Builder
Builder 28%
Operator
Operator 32%
Investor
Investor 40%

Reality

Evidence30
Adoption20
Hype gap+20
Incentives70
Confidence60
investOne report1 publisher

Anchorage Digital cuts 17% of staff months after Tether valued it at $4.2 billion

Anchorage Digital, the first crypto firm with a national trust charter, has cut 17% of its staff, according to people familiar with internal discussions. It is shrinking while it holds new investor capital and competes with rivals that have since won similar charters.

Reality

Evidence35
Adoption
Not scored
Hype gap+15
Incentives
Not scored
Confidence35
investConfirmed3 publishers

Eight months after a $4.2 billion Tether valuation, Anchorage Digital cuts 17% of its staff

Anchorage Digital is cutting about 17% of staff, an estimated 68 jobs, eight months after Tether's $100 million investment valued it at $4.2 billion. That price covered a roughly 2.4% stake, and Anchorage's own 2023 record points to a cost cut it has reversed before.

Perspective Coverage

3 publishers
Builder
Builder 22%
Operator
Operator 40%
Investor
Investor 38%

Reality

Evidence50
Adoption30
Hype gap+15
Incentives35
Confidence55
investOne report1 publisher

Blumenthal's report hands Treasury a Tether case four months before it can bar noncompliant tokens

Sen. Richard Blumenthal's report says Tether left 34 of 39 Hezbollah-flagged wallets open for nine months as $34.6 million moved through. It reaches Treasury about four months before the secretary can bar US platforms from trading a noncompliant issuer's token.

Reality

Evidence50
Adoption
Not scored
Hype gap+20
Incentives65
Confidence50
investOne report1 publisher

Emerging-market neobanks give away up to 5% on forex to keep 1% to 2% on a swipe

Circle's USDC market cap reached about $75 billion in 2025 after 73% growth. Roughly 76% of the emerging-market digital banks routing dollars over those rails have yet to turn a profit on the customers they sign.

Reality

Evidence30
Adoption55
Hype gap+35
Incentives60
Confidence34