Tether-compliant stablecoin USAT launches on Celo, marking its second mainnet deployment after Ethereum

Odaily Planet Daily News: The token is issued by Anchorage Digital Bank and can be natively minted and redeemed on Celo. It can also be used to pay for on-chain gas fees via Celo's fee abstraction mechanism. USAT was launched in January this year and currently has a market cap of approximately $185 million.