Tether-backed stablecoin USA₮ is expanding its reach by launching on Celo, a blockchain that has processed over 700,000 daily transactions. The regulated stablecoin, issued by Anchorage Digital Bank, will be available to the network's large user base, with over 4 million weekly active users.
The launch marks a significant milestone for USA₮, which is designed to operate in environments where digital dollars are already being used at scale. Celo's infrastructure will enable USA₮ to tap directly into established DeFi protocols, including Morpho and Aave.