# Tether Announces USAT Stablecoin Expansion to Celo Network

*Author: Jack Inabinet*
*Published: Mar 31, 2026*
*Source: https://www.bankless.com/de/read/news/tether-announces-usat-stablecoin-expansion-to-celo-network*

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Today, Tether announced that its USAT stablecoin – designed specifically to comply with the [GENIUS Act](https://www.bankless.com/read/how-genius-shakes-up-the-stablecoin-wars) – is expanding to the Celo blockchain.

### What's the Scoop?
- **New Deployment:** USAT is now available on the Celo, an Ethereum L2 scaling solution focused on attracting real-world payments use cases. This deployment marks the GENIUS Act-compliant stablecoin's first expansion beyond the Ethereum L1.
- **Powerful Partnership:** The launch also introduces new distribution pathways for USAT. In collaboration with [Self](https://self.xyz/) and Google Cloud, a mainnet faucet will enable verified users to access USAT through a privacy-preserving proof-of-humanity system.
- **Compliant Alternative: **Unlike Tether's flagship USDT stablecoin (which is only partially reserved by risk-free dollar investments and fails to comply with other chapters of the GENIUS Act), USAT is designed for compliance. Reserves are custodied by Anchorage Digital, a federally registered national trust bank, and monthly [reserve attestations](https://learn.anchorage.com/01.31.26_USAT-Stablecoin-Attestation-Report.pdf?_gl=1*bunx31*_gcl_au*MTU1MDUzNjA0LjE3NzI0NzMyODA.) are supplied by Deloitte,  in accordance with American Institute of Certified Public Accountants (AICPA) standards.
- **Transparency Push:** Last week, Tether [announced](https://www.bankless.com/read/news/tether-begins-first-audit-with-big-four-accounting-firm) that it had, "entered a formal engagement with a Big Four accounting firm to complete its first full independent financial statement audit." Reporting from the *Financial Times* subsequently [identified](https://www.bankless.com/read/news/tether-retains-kpmg-pwc-for-first-ever-financial-audit-ft) the unnamed auditor as KPMG, with pre-audit preparation provided by PwC.
[USA₮ Expands to Celo, Introducing Google Cloud-Supported Distribution for Regulated Digital Dollars - USA₮.io31 March 2026 – USA₮, a digital dollar issued by Anchorage Digital Bank, N.A., today announced its expansion to Celo, marking the first blockchain beyond Ethereum to support the stablecoin. The deployment brings USA₮ to a network that has become a leading global transport layer for stablecoins, expanding access to digital dollars for millions of […]![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/icon/apple-touch-icon-742.png)USA₮![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/thumbnail/celogoogle.png)](https://usat.io/news/usat-expands-to-celo-introducing-google-cloud-supported-distribution-for-regulated-digital-dollars/)