BitMart, a digital asset exchange platform, has announced that it will list a trading pair of USAT. Deposits are available with trading scheduled to go live soonBitMart, a digital asset exchange platform, has announced that it will list a trading pair of USAT. Deposits are available with trading scheduled to go live soon

BitMart to List Stablecoin USAT Trading Pair

2026/01/28 15:43
3 min read
  • BitMart to launch trading pair USAT/USDT on January 28, 2026, effective 5:00 AM UTC.
  • The stablecoin segment is dominating with $315.49 billion in market cap.
  • The USAT listing comes when the US Dollar has plunged to a near 4-year low.

BitMart, a digital asset exchange platform, has announced that it will list a trading pair of USAT. Deposits are available with trading scheduled to go live soon. The development comes at a time when the US Dollar has dropped to a near 4-year low. BitMart earlier listed a trading pair of KABOSU.

USAT on BitMart

BitMart has announced that it will use the USAT/USDT trading pair on its platform on January 28, 2026. It has initiated the deposit facility, and the trading function is scheduled to go live at 5:00 AM UTC on the said date. The withdrawal feature will be enabled on January 29, 2026, at 6:00 AM UTC. Its trading zone, per the announcement, is Potential/USD.

Issued by Tether in association with Anchorage Digital Bank N.A, USAT was launched in January 2026 specifically to comply with the GENIUS Act. The 1:1 US Dollar backed stablecoin is known to be supported by liquid reserves like Treasury Bills.

The announcement about the USAT listing comes hours after BitMart confirmed listing the KABOSU/USDT pair on the platform.

US Dollar Weakens

US President Donald Trump recently brushed off reports citing that the Dollar was getting weak. However, an article by Reuters underlines that the US Dollar reached near its 4-year low on Wednesday. The article further mentions that the dollar index has jumped by 0.22% to 96.114 in comparison to the previous session’s value of 95.566.

Kyle Rodda, a market analyst at Capital.com, interacted with the media and called it a crisis of confidence in the US Dollar, adding that the weakness could persist while the Trump administration sticks with its erratic trade, economic, and foreign policies. All attention is on the policy decision of the US Federal Reserve.

Dominance of Stablecoin Segment

The stablecoin segment, amid the new listing by BitMart and weakening of the US Dollar, has dropped by around 0.09% to $315.49 billion in market cap. The trading volume has surged by 8.63%. Tether’s USDT is still at the top with a market cap of approximately $186.15 billion. This has placed it in the 3rd position on the list of global cryptocurrencies.

Meanwhile, the stablecoin segment is witnessing a fresh contest from World Liberty Financial’s USD1. It just surpassed PayPal’s PYUSD to boost a market cap of $1.21 billion for the 24th position.

Highlighted Crypto News Today:

Bullish Pulse Strengthens for Zcash (ZEC): Momentum Shift or Just Another Short-Lived Pop?

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Wormhole Unveils W Token 2.0 with Enhanced Tokenomics

Wormhole Unveils W Token 2.0 with Enhanced Tokenomics

The post Wormhole Unveils W Token 2.0 with Enhanced Tokenomics appeared on BitcoinEthereumNews.com. Joerg Hiller Sep 17, 2025 13:57 Wormhole introduces W Token 2.0, featuring upgraded tokenomics, a strategic Wormhole Reserve, and a 4% base yield, aiming to optimize ecosystem growth and align incentives. Wormhole has announced a significant upgrade to its native token, unveiling the W Token 2.0. This upgrade introduces new tokenomics including the establishment of a Wormhole Reserve, a 4% base yield, and an optimized unlock schedule, marking a pivotal development in the ecosystem, according to Wormhole. The W Token Evolution Launched in October 2020, Wormhole’s W token has been central to the platform’s mission of creating a connected internet economy. The latest upgrade aims to enhance the token’s utility across more than 40 blockchains. With a capped supply of 10 billion, the W token supports governance, staking, and ecosystem growth, aligning incentives for network security and development. Introducing the Wormhole Reserve The Wormhole Reserve will accumulate value from both onchain and offchain activities, supporting the ecosystem’s expansion. As Wormhole adoption grows, the token will capture value through network expansions and ecosystem applications, ensuring that growth is directly reflected in the token’s value. 4% Base Yield and Governance Rewards Wormhole 2.0 introduces a 4% base yield for W holders who actively participate in governance. The yield, derived from existing token supplies and protocol revenues, is designed to incentivize active participation without inflating the token supply. Optimized Unlock Schedule Updating its token release schedule, Wormhole replaces annual cliffs with bi-weekly unlocks, starting October 3, 2025. This change aims to reduce market pressure and provide a more stable environment for investors and contributors. The bi-weekly schedule will span over 4.5 years, affecting categories such as Guardian Nodes and Community & Launch. Wormhole’s Future Vision With these upgrades, Wormhole aims to expand its role as…
Share
BitcoinEthereumNews2025/09/18 15:48
Hacker behind the UXLINK attack loses $48 million to a phishing scam

Hacker behind the UXLINK attack loses $48 million to a phishing scam

The post Hacker behind the UXLINK attack loses $48 million to a phishing scam appeared on BitcoinEthereumNews.com. The UXLINK exploiter has been phished merely hours after the AI-powered Web 3 social platform’s multi-sig wallet had been breached. Lookonchain had reported on Monday that UXLINK’s multi-signature wallet was compromised, with funds drained across centralized and decentralized exchanges.  According to the blockchain analytics platform, the attacker was phished and lost 542 million UXLINK tokens, valued at approximately $48 million.  Interestingly, the hacker who attacked $UXLINK was targeted by a phishing attack and lost 542M $UXLINK($48M).https://t.co/Cp9QNHPE8Xhttps://t.co/M8tbPYAdiq pic.twitter.com/PxadIIfkDi — Lookonchain (@lookonchain) September 23, 2025 UXLINK had earlier admitted that its multi-sig wallet had been breached, and said that “a significant amount of crypto” was illicitly transferred, but most of them were frozen. “Our team is working through legal and compliant measures to ensure that the UXLINK token supply fully aligns with the rules stated in the whitepaper. The white paper remains the sole community consensus and standard for UXLINK’s token economy,” the project team wrote on X. UXLINK breach involved six wallets Security monitoring firm Cyvers Alerts flagged unusual activity early Monday on an Ethereum address linked to UXLINK. The account executed a delegateCall, removed the existing administrator role, and added a new multisig owner. After making the change, the hacker moved at least $4 million in USDT, $500,000 in USDC, 3.7 wrapped Bitcoin (WBTC), and 25 ETH. Onchain evidence also showed that the attacker sold UXLINK tokens on decentralized exchanges using six separate wallets. These trades netted at least 6,732 ETH, valued at roughly $28.1 million. Hours after pulling off the UXLINK exploit, the attacker themselves fell victim to a phishing scheme. Arbiscan onchain records show the loss occurred on Tuesday at around 02:15 UTC under the transaction hash 0xa70674ccc9caa17d6efaf3f6fcbd5dec40011744c18a1057f391a822f11986ee. Phishing attack on the UXLINK scammer. Source: Arbiscan. Two large transfers of UXLINK tokens were directed from the…
Share
BitcoinEthereumNews2025/09/23 18:34
Tron Makes Bold Moves in TRX Tokens Acquisition

Tron Makes Bold Moves in TRX Tokens Acquisition

Tron's Justin Sun supports TRX's strategic treasury initiative. TRX prices rise, signaling short-term recovery, yet long-term climate is uncertain. Continue Reading
Share
Coinstats2026/02/09 15:28