Tether’s GENIUS-compliant USAT stablecoin launches on Celo, marking first expansion beyond Ethereum

Tether is launching its GENIUS-compliant USAT stablecoin on Celo, expanding beyond Ethereum for the first time. This USAT stablecoin can be used to pay for gas on the blockchain, eliminating the need for users to hold multiple tokens for transactions. The move is expected to increase adoption and convenience for users, potentially driving growth in the Celo ecosystem.