Atlantis USD (USDA), the lawful USD stablecoin designed for the Atlantis ecosystem, has achieved a significant adoption milestone by surpassing 1 million active users and holders as of August 20, 2026. This achievement comes approximately 15 months after its launch in May 2025, during which time USDA has also reached a circulating supply of 5 billion USDA (equivalent to $5 billion). The rapid growth positions USDA as one of the fastest-growing stablecoins among emerging competitors, following the front-runners USDT and USDC, and it continues to expand toward its long-term goal of hundreds of millions of users.
The milestone reflects increasing participation in the Atlantis ecosystem, where USDA serves as the official digital payment and settlement currency for the Atlantis Kingdom, a Web3 legal entity. The stablecoin's user base spans over 170 countries, underscoring its global appeal. This achievement is seen as a critical first step in USDA's mission to provide a stable USD-denominated digital currency for global payments, transactions, and economic activity, with a target of reaching hundreds of millions of users by 2026 or Q2 2027.
USDA distinguishes itself with two key features. First, it operates like fiat currency without an issuer's ability to freeze, ban, or blacklist users' wallets. Unlike other stablecoins where such actions are possible, USDA ensures that no user or wallet address can be frozen or blacklisted at any time. Second, USDA has a fixed maximum supply (hard cap) that is fully minted at inception, with coins released gradually based on verified market demand. This contrasts with fiat currencies and other stablecoins that can have unlimited supply increases at the issuer's discretion, often in uncertain amounts. This design aims to provide stability and predictability.
Launched in May 2025, USDA is the official stablecoin of AtlantisChain, described as the world's only super-ultra-fast Layer-ZERO blockchain. It is backed 1:1 by U.S. T-bills, USD stablecoins (USDT, USDC, USDB, and PYUSD), and selected cryptocurrencies, ensuring its value remains equal to one U.S. dollar. As a fully transparent and strictly regulated ATC-20 stablecoin, USDA is designed to power decentralized trading, global payments, AI-integrated applications, and various dApps within the Atlantis ecosystem.
Notably, USDA was launched before the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) was signed into law in July 2025, granting USDA grandfathered lawful status as a USD stablecoin under U.S. laws. This regulatory clarity may contribute to its rapid adoption and expansion worldwide.
For more information, interested parties can refer to the whitepaper at AtlantisChain.org/Stablecoin, the explorer at ATCscan.io, or the exchange at AtlantisPro.io.
