USAT
USAT#186 by market capNot covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
USAT is for a stable digital dollar. We have not written its record yet, so its promises are not checked. It trades at $0.9988, #180 of all coins by size, 0% below its highest ever price.
This week Nothing changed on its record.
No stated job or named backing. No dated promises on its pages. Nothing dated ahead. #3 of 35 tokenized assets. Nothing to be careful of on the record.
Is it real?
ExpandCollapse
0 of 4
- –A real-world jobDoes it say what problem it solves, in a category that is not a joke?
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
Listed on 4 big exchanges
- Origin8 March 2026about about 6 monthsusat.io
- DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
- BackingNo named investorListed on Crypto.com, Kraken, OKX, Bybit
- Standing on the recordNo recordNo dated promise to judge yet4 headlines last month, 1 about government232 people keep it on a CoinGecko watchlistNo corrections needed so far
It is already worth more than the typical coin in Tokenized Assets ($36.81M). To match the leader, Blockchain Capital ($970.8M), its price would need to rise 427%, to about $5.27.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- No named investor among its tags
- Only 4 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
ExpandCollapse
Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
ExpandCollapse
Only coins within a hundred times its worth; a coin a thousand times bigger is another world
A stable digital dollar
194 coins tagged Stablecoins, worth $309.33B together. #33 of 194 by worth.
Tokenized Assets: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
USAT$184.1Mthis coin−0.1%no maxno record
Blockchain Capital$970.8M5.3× bigger, +$786.71M+0.0%, gap +0.1no maxno record
Tradable NA Rent Financing Platform SSTN$202.5M1.1× bigger, +$18.4M+0.0%, gap +0.151% outno record
Tradable APAC Diversified Finance Provider SSTN$162.5M1.1× smaller, −$21.6M+0.0%, gap +0.154% outno record
Tradable LatAm Fintech SSTN$134M1.4× smaller, −$50.1M+0.0%, gap +0.145% outno record
Tradable Singapore Fintech SSL$114.5M1.6× smaller, −$69.6M100% outno record
Tradable NA Third Party Online Merchant SSTN$105.97M1.7× smaller, −$78.13M+0.0%, gap +0.130% outno record
Tradable LatAm Middle-Market Lender SSTL$100.12M1.8× smaller, −$83.97M+0.0%, gap +0.167% outno record
Tokenized Assets: this coin next to Blockchain Capital, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- USAT says
- USA₮ is Tether's U.S.-regulated, dollar-backed stablecoin developed specifically to operate within the United States’ new federal stablecoin framework established under the GENIUS Act.
- Blockchain Capital says
- As a sector-specific and stage-agnostic fund managed by BC Manager.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
USA₮ is Tether's U.S.-regulated, dollar-backed stablecoin developed specifically to operate within the United States’ new federal stablecoin framework established under the GENIUS Act. The issuer of USA₮ is Anchorage Digital Bank, N.A., America’s first federally regulated stablecoin issuer.
Problem it says it solves: a stable digital dollar. 194 coins are working on it and together they are worth $309,327,253,815. This coin is 0% of that.
Where it trades: Crypto.com, Kraken, OKX, Bybit, Bitfinex
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
ExpandCollapse
Tokenized Assets: this coin next to the group's largest, Blockchain Capital.
| USAT | Blockchain Capital | |
|---|---|---|
| Years trading | 6 months | 1 year |
| Major exchanges | 4 | 0 |
| Named backers | 0 | 0 |
| Headlines, last month | 4 | 2 |
| Promises delivered | no record | no record |
What it says is different: USA₮ is Tether's U.S.-regulated, dollar-backed stablecoin developed specifically to operate within the United States’ new federal stablecoin framework established under the GENIUS Act. The issuer of USA₮ is Anchorage…
It is 19.0% the size of Blockchain Capital, and the facts above do not show why. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
ExpandCollapse
The last 7 days
Where today sits against its highest ever price
Highest ever: $1.00 on 30 March 2026. Today is 100% of that.
100%
of all USAT that will ever exist is already out in public hands: 184.32M coins.
Nothing is held back. Every coin is already out.
out held back. Each dot is 1%.
Meant to stay at one dollar
Holding it is holding a copy of a dollar. It is not built to rise.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- 184.32Min circulation of 184.32M total. No hard maximum is set, so more can be created.
- of its all-time high of $1.00 on 30 March 2026. That is −0.4% from the top.
- #180by market cap, $184,099,195.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
ExpandCollapse
Headlines per day, last 30 days
4 headlines named this coin in the last month.
What they were about
- Stablecoin3
- Upgrade3
- Government1
- Treasury1
- Tether Hires White House Veteran to Launch USAT Stablecoin Under GENIUS ActGovernmentUpcoming
- Tether's USAT Stablecoin Passes Deloitte Reserve Check at $17.6M
- Celo: Selfxyz, Google Cloud Launch USAT Faucet
- Tether Launches USAT as the Stablecoin Giant Builds a U.S.-Focused Digital Dollar StrategyUpcoming
Headlines are the publishers' own. News is never placed next to price.
The record itself
Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
ExpandCollapse
Six facts, the project's own replies, its peers, contract facts, references and every stored copy