Gate News bot message, according to the official Gate announcement on March 26, 2026
Gate will launch USAT spot trading on March 26, 2026, at 17:00 (UTC+8), with the trading pair USAT/USDT. USAT is a stablecoin pegged 1:1 to the US dollar, fully backed by short-term US Treasury bonds, issued in partnership with a federally regulated digital asset bank.
USAT is issued on Ethereum, using the ERC-20 token standard. It is designed as a compliant, institutional-grade on-chain settlement stablecoin framework that meets the requirements of the GENIUS Act. The stablecoin is intended as a capital-preserving digital cash equivalent for exchanges and institutions, with no yield distribution to token holders.
Gate expects to enable USAT withdrawals on March 27, 2026, at 17:00 (UTC+8).
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