28.01.202610:05 Forex Analysis & Reviews: Tether launches regulated stablecoin USAT for US market

Tether announced yesterday the official launch of a regulated US dollar stablecoin.

The new token, called USAT, is intended to reinforce Tether's leading position in digital assets by offering users a regulated, transparent instrument for dollar?denominated transactions. The move underscores Tether's push for innovation and compliance in a rapidly evolving crypto landscape.

Anchorage Digital Bank was selected as the issuer, highlighting Tether's commitment to meeting stringent regulatory standards. Anchorage is a pioneer in US crypto banking services, providing institutional credibility for USAT.

Cantor Fitzgerald will oversee the management of USAT's reserves. The firm's long history in financial services is intended to ensure that each USAT is backed by adequate reserves, bolstering confidence in the stablecoin's stability.

The launch of USAT marks a significant step in the development of the stablecoin market. It not only provides users with another regulated dollar option, but also helps strengthen trust in digital currencies more broadly. Given growing interest from institutional investors and regulators, USAT could act as a catalyst for further integration of digital assets into the traditional financial system.

Markets received the news with enthusiasm. Bitcoin and Ether recovered modestly from weekly lows, maintaining a chance of further gains—particularly amid a rapidly weakening US dollar.

Trading recommendations:

From a technical perspective, buyers of BTC are targeting a return to $90,000, which would open a direct path to $92,100 and then $94,000. The extended target is the peak near $95,800. A break above that level would signal attempts to restore a bull market. On the downside, buyers are expected at $87,900. A drop below that area could quickly push BTC toward $86,300, with a further downside target near $83,200.

As for Ethereum, a clear consolidation above $3,053 would open a direct route to $3,129. The extended target is the peak near $3,192. Surpassing that level would strengthen bullish sentiment and renew buyer interest. If ETH falls, buyers are anticipated at $2,970. A move below that zone could rapidly send ETH down to about $2,887, with a farther downside target around $2,789.

What we see on the chart:

- Red lines indicate support and resistance levels where either a price slowdown or active growth is expected;

- Green lines indicate the 50-day moving average;

- Blue lines indicate the 100-day moving average;

- Light green lines indicate the 200-day moving average.

Typically, a crossover or price test of these moving averages either halts market momentum or sets a new directional impulse.