USAT Could Be USDC's First Real Challenger

Industry experts suggest that Tether's newly launched USAT stablecoin may become a serious competitor to Circle's USDC in its home market of the United States.

Key Advantages: Institutional Ties and Ecosystem Compatibility

Noelle Acheson from Crypto is Macro Now pointed out that USAT's potential threat stems not only from Tether's market presence, but also from its ability to integrate with institutional partners and leverage compatibility with existing stablecoin ecosystems.

  • Interoperability with the global USDT network
  • Potential integration into institutional financial infrastructure
  • Access to Tether's established user base

Opportunities Alongside Risks

While the outlook is promising, analysts also highlight potential challenges, including the risk of internal competition within Tether's own stablecoin offerings. Owen Lau from Clear Street notes this risk is manageable, but still worth attention.