According to a report by TechFlow TechFlow on January 27th, Huobi HTX announced that it will open USAT deposit services at 23:00 (GMT+8) on January 27th. USAT/USDT spot trading will open at 11:00 (GMT+8) on January 28th. USAT withdrawal services will open at 11:00 (GMT+8) on January 29th. Simultaneously, Huobi Leverage will add isolated margin trading for USAT/USDT (10X) at 11:00 (GMT+8) on January 28th.
USAT is a next-generation stablecoin asset launched by Tether. It's a digital currency that exists on the internet, not in bank vaults, and its sole design purpose is to maintain a value of $1. The token is pegged 1:1 to the US dollar and is 100% fully collateralized by short-term US Treasury bonds, further enhancing asset transparency and security. As stablecoins continue to play an increasingly important role as infrastructure in payments, transaction settlements, and on-chain finance, the launch of USAT is seen as a significant step for Tether in terms of compliance and asset structure. Huobi HTX's selection as the exchange for USAT further demonstrates its forward-thinking approach in capturing high-quality assets and positioning itself in the stablecoin sector.
