USA₮ Circulation Surges to $175.7 Million, Nearly 10x Growth Since Start of Year
According to a reserve report from Anchorage Digital Bank, the circulation of USA₮ reached 175.73 million tokens as of August 31, marking a nearly 10-fold increase from 17.5 million at the end of January. The total reserve assets stand at $176.4 million, exceeding the value of circulating tokens by $660,000. USA₮ is issued by the federally chartered Anchorage Digital Bank, supported by Tether, and complies with the GENIUS Act.
Summaries are written by AI from the original article. Not investment advice.