Atlantis USD (USDA), a lawful USD stablecoin serving the Atlantis ecosystem, has surpassed 1 million active users and holders as of August 20, 2026, according to a press release. This milestone, achieved within approximately 15 months of its launch in May 2025, underscores the stablecoin’s rapid adoption and positions it as one of the fastest-growing emerging stablecoins, trailing only established front-runners like USDT and USDC.
The stablecoin has also reached a circulating supply of 5 billion USDA, equivalent to US$5 billion, reflecting expanding utility across the Atlantis ecosystem. With users from over 170 countries, USDA is gaining traction as a digital payment and settlement currency, particularly within the Atlantis Kingdom in Web3 space and on the Atlantis Exchange Pro platform.
This achievement marks a significant step toward USDA’s broader mission to provide a stable USD-denominated digital currency for global payments and transactions. The long-term goal is to reach hundreds of millions of users by 2026 or by Q2 2027, according to the announcement.
What sets USDA apart from other stablecoins are two key features. First, it is designed to perform like fiat currencies without an issuer’s function to freeze or blacklist wallets. Unlike other stablecoins where users’ funds may be frozen or moved by the issuer, USDA ensures that no user or wallet address can be banned, frozen, or blacklisted at any time. Second, USDA has a fixed maximum supply that is fully minted at inception and released gradually based on verified market demand. This contrasts with fiat currencies and other stablecoins that have unlimited total supply, which can be increased arbitrarily, often at the issuer’s discretion.
Atlantis USD is the official stablecoin of AtlantisChain, described as the world’s only super-ultra-fast Layer-ZERO blockchain. It is not directly pegged to the U.S. dollar but is backed 1:1 by a reserve of U.S. T-bills, USD stablecoins (USDT, USDC, USDB, and PYUSD), and selected cryptocurrencies, ensuring its value remains consistently 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 across the Atlantis ecosystem. The stablecoin’s launch predates the GENIUS Act, which was signed into law in July 2025, granting USDA a grandfathered lawful status as a USD stablecoin under U.S. laws.
This milestone highlights the growing demand for stablecoins that offer both regulatory compliance and user autonomy. USDA’s rapid growth, coupled with its unique features, could position it as a significant player in the evolving stablecoin market. For more information, interested parties can refer to the whitepaper at AtlantisChain.org/Stablecoin/, explore transactions on ATCscan.io, or visit the exchange at AtlantisPro.io.
