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A+ announces multi-party stablecoin network
14 November 2025 US
Reporter: Matthew Challis

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Image: tadamichi/stock.adobe.com
A+ has announced its multi-party issued, GENIUS Act-compliant stablecoin, under the ticker $USDA+.

The move will allow banks and financial institutions to join its global network infrastructure.

It functions as a plugin solution for regulated financial institutions, allowing for the same core functionality of Circle and Coinbase, in addition to the ability to earn yield, on/offramp stablecoins, and access to an interoperable network.

A+ says that, instead of creating a whitelabel stablecoin, by joining its network banks are able to maintain 100 per cent of the yield.

A+ includes a whitelisting and compliance layer, which the firm says should mitigate counterparty and centralisation risk, mirroring a number of existing requirements of the current financial system.

The stablecoin supports the network effects of the US dollar onchain, intended to allow for banks and other financial institutions to issue cash and cash-equivalent-backed stablecoins for domestic markets.
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