Atlantis USD (USDA), the official stablecoin of the Atlantis ecosystem, has achieved a significant milestone by surpassing 1 million active users and holders as of August 20, 2026. This marks the first major adoption milestone since its launch in May 2025, demonstrating rapid growth and expanding utility across the ecosystem.
Within approximately 15 months, USDA has not only reached 1 million active users from over 170 countries but also achieved a circulating supply of 5 billion USDA, equivalent to $5 billion. This positions USDA as one of the fastest-growing stablecoins among emerging competitors, following the front-runners USDT and USDC, with a trajectory aimed at reaching hundreds of millions of users.
The milestone underscores USDA's role as a legal currency in the Atlantis Kingdom within the Web3 space and its primary use as a payment currency on Atlantis Exchange Pro. The growing user base and massive circulation reflect increasing participation in the Atlantis ecosystem, where USDA serves as an official digital payment and settlement currency.
Key features distinguish USDA from other stablecoins. Unlike many stablecoins that have issuer functions to freeze or blacklist wallets, USDA is designed to perform like fiat currency with no such issuer controls. This ensures that users' wallets cannot be frozen, banned, or blacklisted at any time. Additionally, USDA is fully minted at inception with a fixed maximum supply, avoiding the unlimited issuance seen in other stablecoins. This hard cap ensures gradual release based on verified market demand, providing stability and predictability.
USDA is backed 1:1 by U.S. T-bills, USD stablecoins (USDT, USDC, USDB, and PYUSD), and selected cryptos, ensuring each USDA remains equal to one U.S. dollar. As a fully transparent and strictly regulated ATC-20 stablecoin, it powers decentralized trading, global payments, AI-integrated applications, and various dApps across the Atlantis ecosystem.
Launched before the GENIUS Act was signed into law in July 2025, USDA enjoys a grandfathered lawful status as a USD stablecoin under U.S. laws. This regulatory clarity, combined with its rapid expansion, positions USDA for continued growth toward its long-term goal of reaching hundreds of millions of users by 2026 or Q2 2027.
For more information, the whitepaper is available at AtlantisChain.org/Stablecoin. The explorer can be accessed at ATCscan.io, and the exchange is at AtlantisPro.io. Community updates are available on Telegram at t.me/AtlantisUSD and on X at x.com/AtlantisUSD.
